The stimulus bill was passed in the House of Representatives today, 244 votes to 188, strictly along party lines without any Republican support. The Senate is due to vote on it sometime next week. Senate committees have already added several amendments, bringing it to a hefty total of $887 billion.

Per Obama’s amendment to ban earmarks in 2009, there are no senseless expenditures. It breaks down to roughly $550 billion in spending and $275 in tax cuts. Here’s the meat of stimulus bill: 

  1. Education. $117 Billion to school districts & public universities and to increase Pell Grants.
  2. Aid to the Jobless. $106 Billion to extend unemployment & social security benefits.
  3. State Aid. $119 Billion for Medicaid, law enforcement, and public safety.
  4. Infrastructure. $90 Billion to improve roads, bridges, mass transit, and waterways.
  5. Energy. $54 Billion to upgrade the electrical grid and weatherize houses.
  6. Science. $16 Billion towards research funding, upgrading facilities, and providing broadband internet services in rural areas. [Source]

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The stimulus package, also known as the American Recovery and Reinvestment Act of 2009, is a bill “making supplemental appropriations for job preservation and creation, infrastructure investment, energy efficiency and science, assistance to the unemployed, and State and local fiscal stabilization, for the fiscal year ending September 30, 2009, and for other purposes.”

The legislation and accompanying reports are dry reads in PDF format, so I’d suggest over to ReadTheStimulus.org, which presents the various documents ofthe stimulus bill in a fully searchable, web-friendly format. There are even GoogleDoc spreadsheets that detail exactly where all those billions are headed. All the zeros make my head spin.

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