- Energy: $32 billion to fund a "smart electricity grid", $20 billion for renewable energy tax cuts and tax credit for R&D; $6 billion to weatherize modest income homes.
- Science and Tech: $10 billion for science facilities, $6 billion for high speed Internet to rural areas, $1 billion for 2010 census.
- Infrastructure: $32 billion for transportation projects, $31 billion to build and repair federal buildings and other public infrastructure, $19 billion in water projects $10 billion in rail and mass transit projects.
- Aid to poor and unemployed: $43 billion for extended unemployment benefits, $20 billion for food stamp benefits, $4 billion for supplemental Social Security Income payment, $2.5 billion in temporary welfare payments, $1 billion in home heating subsidies, $1 billion for community action agencies.
- Education: $41 billion grants to local school districts, $79 billion in state fiscal relief to prevent cuts in state aid $21 billion for school modernization; $16 billion to boost Pell Grant; $2 billion for Head Start.
- Health care: $39 billion to subsidize health care insurance for unemployed, $90 billion to help states with MedicAid, $20 billion to modernize health info systems, $4 billion for preventative care, $1.5 billion for community health centers.
- Housing: $13 billion to repair and make more energy efficient public housing projects and help the homeless.
- Law enforcement: $4 billion in grants to state and local law enforcement.
We didn't care to add this up; we are sure it does not add up to the $550 total. After all it comes from the same people who wanted to repeal an excise tax for kids' arrows in the original TARP.Sphere: Related Content Print this post