Well, here is a breakdown of how the stimulus will be used. $400 million for global warming research? Seriously?
-$1 billion for Amtrak
-$2 billion for child-care subsidies
-$50 million for the National Endowment for the Arts
-$400 million for global-warming research
-$2.4 billion for carbon-capture demonstration projects
-$650 million for digital TV conversion coupons
-$8 billion for renewable energy funding
-$6 billion for mass transit
-$600 million for the federal government to buy new cars
-$7 billion for modernizing federal buildings and facilities (including $150million for the Smithsonian)
-$252 billion is for income-transfer payments ($81 billion for Medicaid, $36 billion for expanded unemployment benefits, $20 billion for food stamps, and $83 billion for the earned income credit for people who don’t pay income tax)
-$66 billion for education
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2 comments:
It is absolutely preposterous that we're allowing Congress to do whatever they want with so much money.
Excellent post on stimulus.
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