House Republicans are up in arms about Stimulus II, and provide this helfpul chart to show exactly what it will spend and what it means.
Son of Stimulus |
Stimulus I |
Of Note |
Highways: $27.5 Billion |
$27.5 Billion (only 18% has currently been spent) |
House Republicans have argued for streamlining the permit and approval process so that existing infrastructure funding could be put to use more quickly. Democrats have rejected this suggestion. |
Transit Assistance & Fixed Guideways: $7.9 Billion |
$7.65 Billion (only 13% has currently been spent) |
|
Transportation Capital Investment Grants: $500 Million |
$750 Million (only 53% has currently been spent) |
|
Amtrak: $800 Million |
$1.3 Billion (only 13% has currently been spent) |
|
Airports: $500 Million |
$1.1 Billion (only 36% has currently been spent) |
|
Housing Trust Fund Established by Barney Frank: $1.065 Billion |
No funds were included for the Barney Frank Housing Trust Fund in the original stimulus |
Potential ACORN Funding: Concerns have been raised that this fund could be used to fund ACORN. The prohibition in the recently passed Omnibus would not apply to the funds in this bill. |
Improvement to Public Housing: $1 Billion |
$4 Billion (only 10% has currently been spent) |
|
EPA State & Tribal Assistance Grants: $2 Billion |
$6.4 Billion (only 6% has currently been spent) |
|
Army Corps Civil Construction: $715 Million |
$2 Billion (only 7% has currently been spent) |
|
Americorps: $132 Million |
$160 Million |
|
COPS: $1.179 Billion |
$1 Billion |
|
Firefighter Assistance: $500 Million |
$210 Million |
|
Education Jobs Fund (aka State Stabilization Fund): $23 Billion |
State Fiscal Stabilization Fund: $53.6 Billion (only 31% has currently been spent) |
The funds already provided for teachers are available for 2009, 2010, and 2011. |
Grants for School Construction: $4.1 Billion (Provision would provide grants equal to the cost of tax credits that would otherwise be payable on bonds issued to finance school construction, rehabilitation or repair. |
$11 Billion in school construction bonds for 2009 and 2010 |
|
Dept of Labor Employment Training: $1.25 Billion of which $500 million is for summer jobs for youth |
$3.95 Billion ($1.2 Billion was for summer jobs for youth) |
|
Energy Innovation Loan Program: $2 Billion |
$4 Billion (virtually none has currently been spent) |
The original stimulus provided $6 Billion, but that amount was reduced by $2 billion (same amount as is now being proposed) in August to pay for the extension of “Cash for Clunkers” |
Interior Dept Programs (BLM, Fish and Wildlife, Park Service): $100 Million |
$436 Million (only 7% has currently been spent) |
|
Bureau of Reclamation Water Projects: $100 Million |
$1 Billion (only 8% has been currently spent) |
|
Forest Systems & Wildfires: $170 Million |
$515 Million |
Nearly $3 million of the original funds were provided to Washington, D.C. despite the fact that the capital city has no national forests. |
I’m thrilled about the DC forest fire funds, by the way. The traffic circle two blocks from my house happens to be a national park.