Our Tax Cut Chart
Feb. 13, 10:55p.m.: This post was updated to reflect that the Senate voted for the stimulus package.
The House approved the economic stimulus plan Friday afternoon with a vote of 246 to 183, followed by the Senate with a vote of 60 to 38. Want to know what’s in it? You could read the 1,071-page gorilla that passed today. Or you could let us do the work for you. We’ve dissected the beast in two charts – one for spending, and one for taxes.
See the spending provisions here.
See the provisions on taxes, unemployment, health, and state fiscal relief here.
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1 comments
Peter Jipp
Feb. 15, 2009, 8:31 a.m.
Very nice to have this information in such a readily accessible form. Curious to know how the investments and tax cuts are distributed across infra, education, business, etc. I dumped the numbers you provide in a spreadsheet and came up with the following. The total comes to $799 B rather than the $787B we’ve been hearing from other sources. Is this a difference between house, senate and conference versions?
Categories of Investment Amount
Transportation and Infrastructure $98,325,000,000
Aid to State and Local Governments $58,355,000,000
Education $48,420,000,000
Energy $41,400,000,000
Aid to People Affected by Economic
Downturn $36,910,807,000
Health Care $18,830,000,000
Science and Technology $13,142,000,000
Other $2,147,000,000
Business $870,000,000
Accountability $323,500,000
Categories of Tax Cuts Amount
Tax Relief for Individuals $246,869,000,000
Aid to State and Local Governments $95,136,000,000
Aid to People Affected by the Economic
Downturn $62,310,000,000
Health Care $20,352,000,000
Renewable Energy Tax Credits $19,968,000,000
Infrastructure Financing Tools $19,350,000,000
Other Tax Relief $6,858,000,000
Tax Incentives for Businesses $6,150,000,000
Business $3,540,000,000
TOTAL $799,256,307,000
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