Obama Stimulus Package Breakdown

What is the money being spent on-general breakdown between infrastructure, tax cuts, etc…?

Some highlights of the package, by the numbers:

• $825 billion total (as of 1/15/09)


• $550 billion in new spending, described as thoughtful and carefully targeted priority investments with unprecedented accountability measures built in.


• $275 billion in tax relief ($1,000 tax cut for families, $500 tax cut for individuals through SS payroll deductions)


• $ 90 billion for infrastructure


• $ 87 billion Medicaid aid to states


• $ 79 billion school districts/public colleges to prevent cutbacks


• $ 54 billion to encourage energy production from renewable sources


• $ 41 billion for additional school funding ($14 billion for school modernizations and repairs, $13 billion for Title I, $13 billion for IDEA special education funding, $1 billion for education technology)


• $ 24 billion for "health information technology to prevent medical mistakes, provide better care to patients and introduce cost-saving efficiencies" and "to provide for preventative care and to evaluate the most effective healthcare treatments."


• $ 16 billion for science/technology ($10 billion for science facilities, research, and instrumentation; $6 billion to expand broadband to rural areas)


• $ 15 billion to increase Pell grants by $500


• $ 6 billion for the ambiguous "higher education modernization."

[Source: Committee on Appropriations: January 15, 2009]

Here is a further breakdown of the package:

NOTE: The following are highlights of the package; for the full 13-page summary from the Appropriations Committee, click here:

(as of 1/15/09)

Energy


$32 billion: Funding for "smart electricity grid" to reduce waste


$16 billion: Renewable energy tax cuts and a tax credit for research and development on energy-related work, and a multiyear extension of renewable energy production tax credit


$6 billion: Funding to weatherize modest-income homes

Science and Technology


$10 billion: Science facilities


$6 billion: High-speed Internet access for rural and underserved areas

Infrastructure


$30 billion: Transportation projects


$31 billion: Construction and repair of federal buildings and other public infrastructure


$19 billion: Water projects


$10 billion: Rail and mass transit projects

Education


$41 billion: Grants to local school districts


$79 billion: State fiscal relief to prevent cuts in state aid


$21 billion: School modernization ($15.6 billion to increase the Pell grant by $500; $6 billion for higher education modernization)

Health Care


$39 billion: Subsidies to health insurance for unemployed; providing coverage through Medicaid


$87 billion: Help to states with Medicaid


$20 billion: Modernization of health-information technology systems


$4.1 billion: Preventative care

Jobless Benefits


$43 billion for increased unemployment benefits and job training.


$39 billion to support those who lose their jobs by helping them to pay the cost of keeping their employer provided healthcare under COBRA and providing short-term options to be covered by Medicaid.


$20 billion to increase the food stamp benefit by over 13% in order to help defray rising food costs.

Taxes

Individuals:

*$500 per worker, $1,000 per couple tax cut for two years, costing about $140 billion.


*Greater access to the $1,000-per-child tax credit for the working poor.


*Expansion of the earned-income tax credit to include families with three children


*A $2,500 college tuition tax credit.


*Repeal of a requirement that a $7,500 first-time homebuyer tax credit be paid back over time.

Businesses:

*An infusion of cash into money-losing companies by allowing them to claim tax credits on past profits dating back five years instead of two.


*Bonus depreciation for businesses investing in new plants and equipment


*Doubling of the amount small businesses can write off for capital investments and new equipment purchases.


*Allowing businesses to claim a tax credit for hiring disconnected youth and veterans

[Sources: Associated Press: Highlights of Senate economic stimulus plan; January 23, 2009; WSJ: Stimulus Package Unveiled; January 16, 2009; Committee on Appropriations: January 15, 2009]

When is the money being is going to be spent, and on what?

The government wouldn't be able to spend at least one-fourth of a proposed $825 billion economic stimulus plan until after 2010, according to a preliminary report by the Congressional Business Office that suggests it may take longer than expected to boost the economy. The government would spend about $26 billion of the money this year and $110 billion more next year, the report said. About $103 billion would be spent in 2011, while $53 billion would be spent in 2012 and $63 billion between 2013 and 2019.

• Less than $5 billion of the $30 billion set aside for highway spending would be spent within the next two years, the CBO said.

• Only $26 billion out of $274 billion in infrastructure spending would be delivered into the economy by the Sept. 30 end of the budget year, just 7 percent.

• Just one in seven dollars of a huge $18.5 billion investment in energy efficiency and renewable energy programs would be spent within a year and a half.

• About $907 million of a $6 billion plan to expand broadband access in rural and other underserved areas would be spent by 2011, CBO said.

• Just one-fourth of clean drinking water projects can be completed by October of next year.

• $275 billion worth of tax cuts to 95 percent of filers and a huge infusion of help for state governments is to be distributed into the economy more quickly.

[Note: The CBO's analysis applied only to 40 percent of the overall stimulus bill, and doesn't cover tax cuts or efforts; a CBO report outlining all of its costs is expected in the next week or so.]

The Obama administration said $3 of every $4 in the package should be spent within 18 months to have maximum impact on jobs and taxpayers; if House or Senate versions of the bill do not spend the money as quickly, the White House will work with lawmakers to achieve the goal of spending 75% of the overall package over the next year and a half.

[Source: AP: Three-quarters of stimulus to go in 18 months; January 22, 2009; Bloomberg News: Much of Stimulus Wont Be Spent Before 2011, CBO Says; January 20, 2009; link]

Who will be spending the money? Will the states be receiving any money to spend, community organizations? Churches?

The economic stimulus plan now moving through Congress would shower billions of federal dollars on state and local governments desperate for cash:

• The House stimulus bill includes an extra $87 billion in federal aid to state Medicaid programs.

• It allots some $120 billion to boost state and city education programs.

• There's $4 billion for state and local anticrime initiatives in the legislation, not to mention $30-plus billion for highways and other infrastructure projects.

• $6.9 billion to help state and local governments make investments that make them more energy efficient and reduce carbon emissions.

• $87 billion to states, increasing through the end of FY 2010 the share of Medicaid costs the Federal government reimburses all states by 4.8 percent, with extra relief tied to rates of unemployment.

• $120 billion to states and school districts to stabilize budgets and prevent tax increases and deep cuts to critical education programs.

Overall, about one-quarter of the entire $825 billion recovery package would be devoted to activities crucial to governors, mayors, and local school boards - making them among the plans biggest beneficiaries.

[Sources: Committee on Appropriations: January 15, 2009; Reuters: Roads, energy, states win in US stimulus plan;15 January 2009; Christian Science Monitor: States to win big in stimulus sweepstakes; House bill allots almost one-quarter of the $825 billion recovery package to states, localities. How will that boost the economy?; January 25, 2009; Link]

On the radio program Monday, Glenn Beck blasted the Democrats — and anyone else on the left — who have been so eager to open our southern U.S. border for the past several months, but also willing to turn a blind eye to the Cuban people in need of help today.

"While we are welcoming people from any country, all over the world, without any kind of information, and setting them into our country, putting them on American planes paid for by American taxpayers," Glenn began. "And our Coast Guard Cutters are turning these [Cuban] people away. Shame on you! Shame on you!"

Glenn said that he's "sick and tired" of hearing about "brave" leftist activists like Colin Kaepernick, who protest the America flag while wearing Che Guevara and Fidel Castro t-shirts. Meanwhile, the Cuban people are risking their lives by taking to the sea to escape their oppressive regime and come to America.

"Anybody who glorifies Che doesn't know their ass from their elbow. You can't call them a human rights activist. You're protesting the American flag, because you so deeply believe in the right to be free? And yet, you wear a Che T-shirt?" Glenn said.

Glenn went on to argue that, even though the left has "bastardized" the meaning of our country, he still believes America is the best nation on Earth. In fact, he'd give up his citizenship "in a heartbeat" if another country could prove to be better, more noble, and more free. But no other nation exists like ours, he said, which is why it's so imperative we fight for freedom here, in Cuba, and around the world.

Watch the video clip below to hear Glenn explain:

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There's a new "reality" spreading, and the mere act of questioning it has become incredibly dangerous, Wall Street Journal investigative journalist Abigail Shrier told Glenn on the most recent episode of "The Glenn Beck Podcast."

Shrier's book, "Irreversible Damage: The Transgender Craze Seducing Our Daughters," exposes the radical gender activism that — like critical race theory — has overtaken our children's schools and culture. But even worse, she warned, it could end your parental rights for good.

Shrier made it clear she is by no means "anti-trans," but simply speaking up against the extremes of this new "reality" has made her enemy No. 1 to many activists. Her book has been bashed so hard by the Left that Target has stopped selling it twice, Amazon once banned ads for it, and the American Booksellers Association even called sending it to others "a serious, violent incident."

In the clip below, Shrier explained why she believes "there may be no hope for the public school system."

"You have teachers behaving like activists across the country who have no interest in actually teaching. They believe their job is to remake your child," she asserted. "We're seeing so much evidence of that, I think it's fair to say that it may be too deeply rooted in the ideology being taught in public school. I'm not sure that the public school system is redeemable at this point."

Watch the video clip below for more or find the full podcast with Abigail Shrier here:

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What is actually in Texas' new GOP-led voting bill? Nearly every Texas House Democrat fled the state to block its passage, calling it racist and oppressive, and President Joe Biden backed them as well.

But Texas Gov. Greg Abbott (R) joined Glenn Beck on the radio program Friday to set the record straight and call out the lies: All of these claims are "completely false." He also explained his promise to "arrest" the Texas House Democrats when they return to the Lone Star State.

"What is in the bill is completely different than what they're saying, what Kamala Harris is saying, what President Biden is saying. What's in the bill actually increases the number of hours that people have to vote in the state of Texas. In the state of Texas, we have at least 12 days of early voting, and we are adding hours to those days. And on top of that, we are giving people time off from work to be able to vote. Bottom line, we're making it easier to vote in the state of Texas," Gov Abbott explained.

"In comparison, Delaware — the state that President Biden votes in — has exactly zero hours of early voting," he added. "That said, there is one thing that we're doing in the state of Texas, and that is we're making sure we tighten the reins on mail-in ballots that can lead to voter fraud. And it's not me saying that. It's a federal judge, appointed by Barack Obama, in Corpus Christi, Texas, who wrote in a legal opinion that voter fraud occurs, quote, in abundance as it concerns mail-in ballots. We know. Texans know. There is fraud in mail-in ballots in the state of Texas. It must be fixed. That's one thing we're trying to do. That being said, all these claims that we're denying people the right to vote and yada, yada, yada, are completely false."

Abbott went on to discuss the much-debated voter ID laws in Texas and to explain why Democrats insist on calling basic voter ID requirements "racist."

"When Democrats do not have truth on their side, they resort to one single word and that is 'racism' ... Texas implemented voter ID almost a decade ago, and when we went through that fight, what word did they use? Racism," he said. "Guess what? After Texas imposed voter ID requirements in the state of Texas, there have been more people voting and more people of color who went to vote. Voting didn't get harder. It got easier and more abundant in the state of Texas. And so, once again, Democrats have absolutely no legal standing, other than to say, 'racism.'"

Glenn asked Gov. Abbott to explain his pledge to "arrest" the Democratic lawmakers that fled once they return to Texas.

"Let me explain how this works. So, whenever there is a break of quorum, which is what is happening now — meaning there is not a sufficient number of people who are showing up to the Texas House of Representatives for the Texas House to engage in business. Whenever there's a quorum break like that, the House issues what's called a 'call on the House.' And when that happens, the sergeant-at-arms is authorized to work with the Texas Department of Public Safety, to — you can call it arrest, apprehend, whatever you want to call it — any of the members who are not in the Texas House of Representatives and bring them to the Texas House where they will be 'cabined' with no ability to leave the Texas House chamber, without a permission slip from the speaker."

Watch the video clip below for more details:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.

Our Fourth Amendment, which protects our right to privacy, has never been in more danger. Journalist Lara Logan joined Glenn Beck on the radio program Thursday to explain how the digital world has given leaders — both in government and corporations — the ability to not only spy on Americans, but to track their patterns of behavior, too.

Lara explained why, even if you think you have nothing to hide, you should be very concerned. Because these digital "human terrain maps" could be used to manipulate you in any way those in control see fit.

"The purpose of your privacy is much more than just being out of public view," Lara said. "There is really nothing that's more central to our democracy than the right to privacy. I mean, all of the rights in the Constitution have a real purpose, and a real value, and if we allow people to take them away from us, we voluntarily are surrendering that. We are lambs to the slaughter.

"They're not just looking at what you have to hide. They're looking to manipulate you into doing what they want. These are control systems. That's what they are," Lara explained. "What they do with the information is they create a 'human terrain map' for every single person on the planet, anyone within a digital signature or within their reach. They are creating a human terrain map that can be used against you, by anyone."

Watch the video clip below for more details:


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.