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According to the CBO, only $26 billion — just over 3 percent — will be spent this year. Another $110 billion — or 13 percent — will be spent next year. Which means that by the time President Obama's term is halfway through, just 16 percent of the money will have been spent.
I thought President Obama said this is supposed to be a quick "jolt" to the economy?
Is $200 million to rehabilitate the National Mall a crucial way to stimulate the U.S. economy? How about $276 million to fix the computer systems at the State Department? And what about $650 million to repair dilapidated Forest Service facilities? ... a $50 million outlay for the National Endowment for the Arts ...
Originally posted by madhatr137
...have you actually read it?
11 billion for “smart grid” products to modernize the nation’s electrical grid
$8 billion in loans for renewable energy generation and transmission projects
$6.0 billion for energy efficiency upgrades of federal buildings
$6.9 billion in block grants to state and local governments to help them reduce their carbon footprints
$2.5 billion to weatherize low-income housing
$2 billion in development grants for efficiency/renewable research
$2 billion in loan guarantees and grants for U.S. makers of advanced batteries
$1.5 billion in loans and grants to school districts, colleges, local governments and municipal utilities for energy efficiency projects
$6.2 billion to weatherize low-income homes
$300 million for consumer rebates on efficient appliances
$600 million to upgrade federal fleets with efficient vehicles
$200 million in grants for electric vehicle technology
$2.4 billion for carbon capture demonstration technology
$350 million for research into using renewable power for military purposes
$400 million to help state/local governments purchase efficient vehicles
$500 million for demonstration projects on industrial efficiency
$300 million in grants and loans to state/local governments for projects to reduce diesel emissions
$400 million to NASA to do more climate-change research
Democrats may have eliminated provisions on birth control and sod for the National Mall in the "job stimulus" -- but buried on page 147 of the bill is stimulation for prevention of sexually transmitted diseases!
The House Democrats' bill includes $335 million for sexually transmitted disease education and prevention programs at the Centers for Disease Control and Prevention, the DRUDGE REPORT has learned.
In the past, the CDC has used STD education funding for programs that many Members of Congress find objectionable and arguably unrelated to a mission of economic stimulus [such as funding events called 'Booty Call' and 'Great Sex' put on by an organization that received $698,000 in government funds.
"Whether this funding has merit is not the question; the point is it has no business in an economic plan supposedly focused on job creation," says a stimulated Hill source.
Originally posted by FlyersFan
But considering that only 16% is to be spent in the next two years .. not a lot of stimulus.
one can anticipate that many of the items on your list will actually provide employment opportunities for the contractors performing the actual work involved.
Originally posted by GoalPoster
Don't forget this little gem . . .
$335,000,000 FOR STD PREVENTION IN ECONOMIC STIMULUS BILL
That's a pretty hefty pricetag for a reminder to hit the pharmacy before the date for a sixpack of lovejackets!!!!
Originally posted by madhatr137
I'm not saying that is how it WILL be used...but it is crunching the numbers and seeing how it COULD be used...
Department of Agriculture—Office of Inspector General - $22,500,000
Department of Commerce—Office of Inspector General - $10,000,000
Department of Defense—Office of the Inspector General - $15,000,000
Department of Education—Departmental Management—Office of the Inspector General - $14,000,000
Department of Energy—Office of Inspector General - $15,000,000
Department of Health and Human Services—Office of the Secretary—Office of Inspector General - $19,000,000
Department of Homeland Security—Office of Inspector General - $2,000,000
Department of Housing and Urban Development—Management and Administration—Office of Inspector General - $15,000,000
Department of the Interior—Office of Inspector General - $15,000,000
Department of Justice—Office of Inspector General - $2,000,000
Department of Labor—Departmental Management—Office of Inspector General - $6,000,000
Department of Transportation—Office of
Inspector General - $20,000,000
Department of Veterans Affairs—Office
of Inspector General - $1,000,000
Environmental Protection Agency—Office
of Inspector General - $20,000,000
General Services Administration—General Activities—Office of Inspector General - $15,000,000
National Aeronautics and Space Administration—Office of Inspector General - $2,000,000
National Science Foundation—Office of Inspector General - $2,000,000
Small Business Administration—Office of Inspector General - $10,000,000
Social Security Administration—Office of Inspector General - $2,000,000
Corporation for National and Community Service—Office of Inspector General - $1,000,000
Government Accountability Office—Salaries and Expenses - $25,000,000, for oversight activities relating to this Act.
(TTL: 233.5 Million)
Independent Advisory Panel - $14,000,000
(TTL: 247.5 Million)
AGRICULTURE, NUTRITION, AND RURAL DEVELOPMENT
Agriculture Buildings and Facilities and Rental Payments - $44,000,000
Buildings and Facilities - $209,000,000
(TTL: 500.5 Million)
FARM SERVICE AGENCY
Salaries and Expenses - $245,000,000
Watershed and Flood Prevention Operations - $350,000,000
Watershed Rehabilitation Program - $50,000,000
Consolidated Farm and Rural Development Act - $5,838,000,000
RURAL HOUSING INSURANCE FUND PROGRAM ACCOUNT - $22,129,000,000
RURAL UTILITIES SERVICE - $2,825,000,000
WOMEN, INFANTS, AND CHILDREN (WIC) - $100,000,000
EMERGENCY FOOD ASSISTANCE PROGRAM - $150,000,000
Also Mandatory increase in Food stamps and "guaranteed" foodstamps for jobless adults
AFTERSCHOOL FEEDING PROGRAM FOR AT-RISK
CHILDREN - $250,000,000
Periodic Censuses and Programs - $1,000,000,000
(TTL: 33.4375 Billion)
NATIONAL TELECOMMUNICATIONS AND INFORMATION: Salaries and Expenses - $350,000,000
Wireless and Broadband Deployment Grant Programs - $2,825,000,000
Digital-to-Analog Converter Box Program - $650,000,000
(TTL: 37.2625 Billion)
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY
Scientific and Technical Research and Services - $100,000,000
Industrial Technology Services - $100,000,000
Construction of Research Facilities - $300,000,000
NATIONAL OCEANIC AND ATMOSPHERIC
Operations, Research, and Facilities - $400,000,000
Procurement, Acquisition and Construction - $600,000,000
DEPARTMENT OF JUSTICE
State and Local Law Enforcement Assistance - $3,000,000,000
Community Oriented Policing Services - $1,000,000,000
NATIONAL AERONAUTICS AND SPACE
Science - $400,000,000
Aeronautics - $150,000,000
Cross Agency Support Programs - $50,000,000
NATIONAL SCIENCE FOUNDATION
Research and Related Activities - $2,500,000,000
(TTL: 45.8625 Billion)
EDUCATION AND HUMAN RESOURCES
Education and Human Resources - $100,000,000
Major Research Equipment and Facilities Construction - $400,000,000
DEPARTMENT OF DEFENSE FACILITY INFRASTRUCTURE INVESTMENTS - $4,500,000,000
ENERGY RESEARCH AND DEVELOPMENT, DEFENSE - $350,000,000
ENERGY AND WATER DEPARTMENT OF THE ARMY CORPS OF ENGINEERS—CIVIL CONSTRUCTION - $2,000,000,000
Mississippi River and Tributaries - $250,000,000
Operation and Maintenance - $2,225,000,000
Regulatory Program - $25,000,000
(TTL: 55.7125 Billion)
Originally posted by Benevolent Heretic
$136,000,000,000 is "not a lot of stimulus"?
And Glenn Beck is certainly no economist.
Originally posted by madhatr137
Actually its quite a small price-tag...and a welcomed one,
$400 million to replace the Social Security Administration's 30-year-old National Computer Center.