Obama Stimulus Watch: What’s in the Plan?

banner1The 2009 Obama Stimulus Plan is estimated to cost more than the Vietnam War with figures adjusted for inflation.  You have most likely heard about the Stimulus Plan but you may not know exactly what is in it.  That’s understandable because congress doesn’t appear to know either.  Welcome to Stimulus Watch!  Elementary-finance.com is tracking the stimulus package until the final vote to keep you informed.

 

What Will the Obama Stimulus Plan Cost?

 

Currently, the plan includes $550 billion in new spending and $275 billion in tax relief for a total of $825 billion.  Are you having trouble wrapping your brain around numbers this big?  If you wanted to count to 1 billion, it would take 95 years.  If you wanted a bowl large enough to hold 1 billion goldfish, it would be as large as a stadium.

 

 

What’s in the Obama Stimulus Plan?

 

 

 I found this article on The Southern Author while researching the stimulus plan today. It provides a comprehensive list of stimulus items.    4 million for construction, repair and improvements at US Department of Agriculture facilities
$209 million for work on deferred maintenance at Agricultural Research Service facilities
$245 million for maintaining and modernizing the IT system of the Farm Service Agency
$175 million to buy and restore floodplain easements for flood prevention
$50 million for “Watershed Rehabilitation”
$1.1 billion for rural community facilities direct loans
$2 billion for rural business and industry guaranteed loans
$2.7 billion for rural water and waste disposal direct loans
$22.1 billion for rural housing insurance fund loans
$2.8 billion for loans to spur rural broadband
$150 million for emergency food assistance
$50 million for regional economic development commissions
$1 billion for “Periodic Censuses and Programs”
$350 million for State Broadband Data and Development Grants
$1.8 billion for Rural Broadband Deployment Grants
$1 billion for Rural Wireless Deployment Grants
$650 million for Digital-to-Analog Converter Box Program
$100 million for “Scientific and Technical Research and Services” at the National Institute of Standards And Technology
$30 million for necessary expenses of the “Hollings Manufacturing Extension Partnership”
$300 million for a competitive construction grant program for research science buildings
$400 million for “habitat restoration and mitigation activities” at the National Oceanic and Atmospheric Administration
$600 million for “accelerating satellite development and acquisition”
$140 million for “climate data modeling”
$3 billion for state and local law enforcement grants
$1 billion for “Community Oriented Policing Services”
$250 million for “accelerating the development of the tier 1 set of Earth science climate research missions recommended by the National Academies Decadal Survey.”
$50 million for repairs to NASA facilities from storm damage
$300 million for “Major Research Instrumentation program” (science)
$200 million for “academic research facilities modernization”
$100 million for “Education and Human Resources”
$400 million for “Major Research Equipment and Facilities Construction”
$4.5 billion to make military facilities more energy efficient
$1.5 billion for Army Operation and Maintenance fund
$624 million for Navy Operation and Maintenance
$128 million for Marine Corps Operation and Maintenance
$1.23 billion for Air Force Operation and Maintenance
$454 million to “Defense Health Program”
$110 million for Army Reserve Operation and Maintenance
$62 million for Navy Reserve Operation and Maintenance
$45 million for Marine Corps Reserve Operation and Maintenance
$14 million for Air Force Reserve Operation and Maintenance
$302 million for National Guard Operation and Maintenance
$29 million for Air National Guard Operation and Maintenance
$350 million for military energy research and development programs
$2 billion for Army Corps of Engineers “Construction”
$250 million for “Mississippi River and Tributaries”
$2.2 billion for Army Corps “Operation and Maintenance”
$25 million for an Army Corps “Regulatory Program”
$126 million for Interior Department “water reclamation and reuse projects”
$80 million for “rural water projects”
$18.5 billion for “Energy Efficiency and Renewable Energy” research in the Department of Energy. That money includes:
    $2 billion for development of advanced batteries
    $800 million of that is for biomass research and $400 million for geothermal technologies
    $1 billion in grants to “institutional entities for energy sustainability and efficiency”
    $6.2 billion for the Weatherization Assistance Program
    $3.5 billion for Energy Efficiency and Conservation Block Grants
    $3.4 billion for state energy programs
    $200 million for expenses to implement energy independence programs
    $300 million for expenses to implement Energy efficient appliance rebate programs including the  
    Energy Star program
    $400 million for expenses to implement Alternative Fuel Vehicle and Infrastructure Grants to States
    and Local Governments
    $1 billion for expenses necessary for advanced battery manufacturing
    $4.5 billion to modernize the nation’s electricity grid
    $1 billion for the Advanced Battery Loan Guarantee Program
$2.4 billion to demonstrate “carbon capture and sequestration technologies”
$400 million for the Advanced Research Projects Agency (Science)
$500 million for “Defense Environmental Cleanup”
$1 billion for construction and repair of border facilities and land ports of entry
$6 billion for energy efficiency projects on government buildings
$600 million to buy and lease government plug-in and alternative fuel vehicles
$426 million in small business loans
$100 million for “non-intrusive detection technology to be deployed at sea ports of entry
$150 million for repair and construction at land border ports of entry
$500 million for explosive detection systems for aviation security
$150 million for alteration or removal of obstructive bridges
$200 million for FEMA Emergency Food and Shelter program
$325 million for Interior Department road, bridge and trail repair projects
$300 million for road and bridge work in Wildlife Refuges and Fish Hatcheries
$1.7 billion for “critical deferred maintenance” in the National Park System
$200 million to revitalize the National Mall in Washington, D.C.
$100 million for National Park Service Centennial Challenge programs
$200 million for repair of U.S. Geological Survey facilities
$500 million for repair and replacement of schools, jails, roads, bridges, housing and more for Bureau of Indian Affairs
$800 million for Superfund programs
$200 million for leaking underground storage tank cleanup
$8.4 billion in “State and Tribal Assistance Grants”
$650 million in “Capital Improvement and Maintenance” at the Agriculture Dept.
$850 million for “Wild Land Fire Management”
$550 million for Indian Health facilities
$150 million for deferred maintenance at the Smithsonian museums
$50 million in grants to fund “arts projects and activities which preserve jobs in the non-profit arts sector threatened by declines in philanthropic and other support during the current economic downturn” through the National Endowment for the Arts
$1.2 billion in grants to states for youth summer jobs programs and other activities
$1 billion for states in dislocated worker employment and training activities
$500 million for the dislocated workers assistance national reserve
$80 million for the enforcement of worker protection laws and regulations related to infrastructure and unemployment insurance investments
$300 million for “construction, rehabilitation and acquisition of Job Corps Centers”
$250 million for public health centers
$1 billion for renovation and repair of health centers
$600 million for nurse, physician and dentist training
$462 million for renovation work at the Centers for Disease Control
$1.5 billion for “National Center for Research Resources”
$500 million for “Buildings and Facilities” at the National Institutes of Health in suburban Washington, D.C.
$700 million for “comparative effectiveness research” on prescription drugs
$1 billion for Low-Income Home Energy Assistance
$2 billion in Child Care and Development Block Grants for states
$1 billion for Head Start programs
$1.1 billion for Early Head Start programs
$100 million for Social Security research programs
$200 million for “Aging Services Programs”
$2 billion for “Office of the National Coordinator for Health Information Technology”
$430 million for public health/social services emergency funds
$2.3 billion for the Centers for Disease Control for a variety of programs
$5.5 billion in targeted education grants
$5.5 billion in “education finance incentive grants”
$2 billion in “school improvement grants”
$13.6 billion for Individuals with Disabilities Education Act
$250 million for statewide education data systems
$14 billion for school modernization, renovation and repair
$160 million for AmeriCorps grants
$400 million for the construction and costs to establish a new “National Computer Center” for the Social Security Administration
$500 million to improve processing of disability and retirement claims
$920 million for Army housing and child development centers
$350 million for Navy and Marine Corps housing and child development centers
$280 million in Air Force housing and child development centers
$3.75 billion in military hospital and surgery center construction
$140 million in Army National Guard construction projects
$70 million in Air National Guard construction projects
$100 million in Army Reserve construction projects
$30 million in Navy Reserve construction projects
$60 million in Air Force Reserve construction projects
$950 million for VA Medical Facilities
$50 million for repairs for military cemeteries
$120 million for a backup information management facility for the State Department
$98 million for National Cybersecurity Initiative
$3 billion for “Grants-in-Aid for Airports”
$300 million for Indian Reservation roads
$300 million for Amtrak capital needs
$800 million for national railroad assets or infrastructure repairs, upgrades
$5.4 billion in federal transit grants
$2 billion in infrastructure development for subways and commuter railways
$5 billion for public housing capital
$1 billion in competitive housing grants
$2.5 billion for energy efficiency upgrades in public housing
$500 million in Native American Housing Block Grants
$4.1 billion to help communities deal with foreclosed homes
$1.5 billion in homeless prevention activities
$79 billion in education funds for states

The Obama Stimulus Plan is scheduled to be voted upon today.  With that in mind, we put today’s post on the back burner to give you some websites to take a look at.  We want you to be informed about the most important economic event so far in 2009.

 

CNNMoney.com’s “What’s in it” article

The House Bill vs. The Senete Bill

20 Facts About the Stimulus

Associated Press Article about January 29th Vote

How Fast Will It Work?  (USAToday)

How Will The Stimulus Affect Education?

Reuters Factbox About Stimulus

House Poised to Pass Obama Stimulus Plan

Stimulus Bill Calls for Computerizing Health Care

 

My disclaimer:  I have not verified the information nor have I looked around the website at length.  Any websites linked to don’t necessarily reflect the views of elementary-finance.com

 

Have you heard any new information on the Obama Stimulus plan?  Post your comments here.  We will post your name and website link in our next update if you provide something we didn’t know.

Latest Comments

Leave a Reply