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 [分享]How the stimulus plan breaks down |
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theoretical
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作者：theoretical 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Many provisions of the nearly $789 billion compromise stimulus plan expire intwo years. Additional debt costs would addabout $330 billion over 10years
Highlights:
Spending
Aid to poor and unemployed
•$40billionto provide extended unemployment benefits through Dec. 31, andincreasethem by $25 a week; $20 billion to increase food-stamp benefits by 14%;$3 billion in temporary welfare payments.
Direct cash payments
•$14billionto give one-time $250 payments to Social Security recipients,poor people on Supplemental Security Income, and veterans receiving disability and pensions.
Infrastructure
•$46billionfor transportation projects--including
$27 billion for highwayandbridge construction and repair;
$8.4 billion for mass transit;
$8billion for construction of high-speed railways and $1.3 billionforAmtrak;
$4.6 billion for the Army Corps of Engineers;
$4 billion for public housing improvements;
$6.4 billion for clean- and drinking-water projects; $7 billion to bring broad band Internet serviceto under served areas.
Health care
•$21billionto provide a 60% subsidy of health care insurance premiums fort he unemployed under the COBRA program;
$87 billion to help state swithM edicaid;
$19 billion to modernize health information technology systems;
$10 billion for health research and construction of National Institutes of Health facilities.
State block grants
•$5 billion in aid to states to use as they please to defray budget cuts.
Education
•$54billionin state fiscal relief to prevent cuts in state aid to school districts,with up to $10 billion for school repair;
$26 billion to school districts to fund special education and the No Child Left Behind law for students in K-12;
$17 billion to boost the maximum Pell Grantby $500 to$5,350;
$2 billion for Head Start.
Homeland security
•$2.8 billion for homeland security programs, including $1 billion for airport screening equipment.
Law enforcement
•$4 billion in grants to state and local law enforcement to hire officers and purchase equipment.
Taxes
New tax credit
•About$115billion for $400 per-worker, $800 per-couple tax credits in 2009and2010. Credit phases out for individuals with adjusted gross incomes of $75,000 to $90,000 and couples with AGI of $150,000 to$190,000.
Alternative minimum tax
•About$70billion to spare about 24 million taxpayers from being hit with the alternative minimum tax in 2009. The change would save a family of four an average of $2,300.
Expanded college credit
•About $13 billion to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples with incomes over $160,000.
Home buyer credit
•$3.7billionto repeal a requirement that an $8,000 first-time home buyer tax credit be paid back over time for homes purchased from Jan. 1 toAug. 31,unless the home is sold within three years.
Bonus depreciation
•$5billion to extend a provision allowing businesses buying equipment suchas computers to speed up depreciation through 2009.
Auto sales
•$2.5 billion to make sales tax paid on new car purchases tax deductible.
Source: The Associated Press
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作者：theoretical 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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 [分享]How the stimulus plan breaks down -- theoretical - (3438 Byte) 2009-2-17 周二, 10:15 (1343 reads)
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