Posted by: Apostolic Oneness Pentecostals | February 7, 2009

What’s in the $780 billion stimulus?

MORE THAN $43 BILLION IN TRANSPORTATION INFRASTRUCTURE INVESTMENTS

$27 BILLION FOR HIGHWAY, ROAD AND BRIDGE INVESTMENTS

$8.4 BILLION FOR PUBLIC TRANSIT INVESTMENT

$2 BILLION FOR HIGH SPEED RAIL

$1.3 BILLION FOR FAA AIRPORT IMPROVEMENT FACILITIES AND EQUIPMENT

$850 MILLION FOR AMTRAK

$250 MILLION FOR GRANTS TO STATES FOR INVESTMENT IN HIGH SPEED AND INNER CITY PASSENGER RAIL

$100 MILLION TO MARITIME ADMINISTRATION FOR ASSISTANCE TO SMALL SHIPYARDS

MORE THAN $76.8 BILLION IN EDUCATION INVESTMENTS

$39 BILLION FOR STATE FISCAL RELIEF TARGETED DIRECTLY FOR EDUCATION

$13.9 BILLION FOR PELL GRANTS

$13.5 BILLION FOR SPECIAL EDUCATION FUNDING — This would bring the federal government closer to the promised 40 percent of the national average per pupil expenditure for every child in special education. This will help relieve the increasing burden at the local level to cover the rising costs of special education, and allow districts the flexibility to retain support staff and teachers in the classrooms where they are so desperately needed.

$10.4 BILLION FOR TITLE I– The additional investment in Title I is a critical investment towards children in poverty. As more and more children are classified as poor during this economic downturn, this substantial additional investment will help local school districts ensure that their academic needs are being met.

ENVIRONMENT

$6.4 BILLION FOR WATER AND SEWER INFRASTRUCTURE

MORE THAN $3 BILLION FOR JOB TRAINING

$3.25 BILLION FOR WORKFORCE INVESTMENT PROGRAMS

$160 MILLION FOR JOB CORPS

HEALTHCARE

$87 BILLION IN TEMPORARY AND TARGETED MEDICAID RELIEF TO STATES

Leading economists have found that targeted aid of this sort will generate increased economic activity of $1.36 for every $1 spent. Moreover, with unemployment up, the number of people who are eligible for Medicaid also rises. Increasing the federal investment in Medicaid will shore up the safety net for those vulnerable families.

HOUSING

$5 BILLION FOR SUPPLEMENTAL GRANTS TO PUBLIC HOUSING AUTHORITIES FOR CAPITAL NEEDS

ENERGY

$4.7 BILLION FOR STATE AND LOCAL ENERGY EFFICIENCY BLOCK GRANTS

$4.4 BILLION FOR SMART GRID to improve the reliability of electricity transmission grid

$2.9 BILLION FOR WEATHERIZATION PROGRAMS

$2 BILLION FOR ADVANCED BATTERY MANUFACTURING

$7 BILLION FOR LOAN GUARANTEES FOR STANDARD RENEWABLES

HOMELAND SECURITY

$800 MILLION FOR CONSTRUCTION OF PORTS OF ENTRY

$500 MILLION FOR FIREFIGHTERS ASSISTANCE GRANTS

SCIENCE

$1.2 BILLION FOR NATIONAL SCIENCE FOUNDATION


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