Wednesday, February 11, 2009

$819 billion stimulus bill - break down

From public records HR 1 the $819 billion version that passed in the House on 28 JAN

I scrolled through the bill and looked for allocations, then added them all up.
I came up to a total of $367 billion of committed funds. I heard that the tax provisions alone were around $275 billion, which adds up to $ 642 billion. The remaining ~ $177 billion must come from the other provisions of the bill - Unemployment Assistance, Health Insurance and Health Information Technology, Energy, Broadband Communications, and Education, which are indicated in blue italics.

Feel free to add comments and corrections as necessary.

Oversight and Auditing $0.2 billion

Justice $4.0 billion

State and Local Law Enforcement
Community Oriented Policing

Homeland Security $1.1 billion

Customs and Border - Salaries
Customs and Border - Construction
TSA - Aviation Security
Coast Guard - Bridge Alteration
FEMA - Emergency Shelters
Social Security Immigration Reform

Defense $9.35 billion

Facilities
Operations - Army
Operations - Navy
Operations - Marine Corps
Operations - Air Force
Defense - Health
Operations - Army Reserves
Operations - Navy Reserves
Operations - Marine Corps Reserves
Operations - Air Force Reserves
Operations - Army National Guard
Operations - Air National Guard
Research - Army
Research - Navy
Research - Air Force
Research - Defense Wide

Military Construction and Veterans Affairs $7.0 billion

Military Construction - Army
Military Construction - Navy and Marine Corps
Military Construction - Air Force
Military Construction - Defense Wide
Military Construction - Army National Guard
Military Construction - Air National Guard
Military Construction - Army Reserves
Military Construction - Navy Reserves
Military Construction - Air Force Reserves
Defense Base Closure Account
Veterans Affairs - Medical Facilities
National Cemetary

State Department $ 0.5 billion

Foreign Affairs - Capital Investments
US-Mexico Border Construction

Government Operations $8.3 billion

Federal Buildings
Energy Efficient Federal Vehicles

Interior $15 billion

Land Management - Construction
Fish and Wildlife - Construction
National Parks - Construction
National Mall
Centennial Challenge
US Geological Survey - Surveys and Research
Indian Affairs - Construction
EPA - Hazardous Substances
EPA - Leaking Underground Tanks
EPA - Clean Water
EPA - Drinking Water
EPA - Energy Policy
EPA - Environmental Response and Liability
Forest Services - Capital Improvements
Wildlife management - hazard reduction and rehabilitation
Wildlife management - State fire management
Health and HS - Indian Health Facilities
Smithsonian - Facilities
Arts and Humanities - Grants

Energy and Water $45.7 billion

Corps of Engineers - Construction
Corps of Engineers - Mississippi River
Corps of Engineers - Operations
Corps of Engineers - Regulatory
Interior - Water Resources
Dept of Energy - Energy Efficiency and Renewable Energy
Electricity Delivery and Reliability
Battery Loans
Institutional Loans
Innovative Technology Loans
Carbon Sequestration
General Energy Science
Defense Environmental Cleanup
Hoover Power Plant - Loan
corrections to the Energy Independence and Security Act of 2007
Renewable energy and electric power transmission loan guarantee
rapid deployment of renewable energy and electric power transmission
weatherization assistance program
renewable electricity transmission study
state energy grants

Agriculture $34.5 billion

Agriculture Buildings and Facilities and Rental Payments
Buildings and Facilities
Salaries and Expenses
Watershed and Flood Prevention
Watershed Rehabilitation
Rural Community Advancement Loans
Rural Loan Administration
Rural Housing Insurance
Rural Housing Loan Admin
Rural Utilities
Child Nutrition
Food Assistance
Administration - Agriculture

Commerce $1.3 billion

Economic Development Assistance
Census

Financial Services $3.4 billion

Small Business Loan administration
Small Business Loan Allocation

Telecommunications $3.8 billion

Telecommunications Salaries
Wireless and Broadband Grant
Digital to Analog Boxes
Inventory of broadband service capacity
wireless and broadband deployment grants
national broadband plan

Transportation $43.1 billion

Federal Aviation Administration - Airport Grants
Federal Highway Administration - Highway Investments
Federal Railroad Administration - Intercity Passenger Rail Investment
National Railroad Passenger Corporation - Capital and Debt Service Grant
Federal Transit Administration - Transit Investment
Federal Transit Administration - Fixed Guideway Investment
Federal Transit Administration - Discretionary

Housing and Urban Development $16.3 billion

Indian Housing
Elderly and Disabled - Energy Retrofit
Native American Housing Block Grant
Community Development Fund
Neighborhood Stabilization - foreclosure avoidance
HOME Investment partnership program
Self Help and Assisted Home-ownership
Homeless Assistance Grant
Lead Hazard Reduction

Education $143.5 billion

Elementary and Secondary - Education for the Disadvantaged
Elementary and Secondary - Impact Aid
Elementary and Secondary - School Improvement
Elementary and Secondary - Innovation and Improvement
Elementary and Secondary - Special Education for Children with Disabilities
Higher Education - Student Financial Assistance
Higher Education - Student Aid Administration
Higher Education - General
Institute of Education Sciences
Elementary and Secondary - School Modernization, Renovation, and Repair
Higher Education - Modernization, Renovation, and Repair
State Fiscal Stabilization Fund
Amendment to Pell Grants
Increasing Student Loan Limit and Interest Rate Calculation
21st Century Green High Performing Public School Facilities

Scientific Research $4.9 billion

Technology Research
Industrial Technology Services
Research Facilities Construction
Ocean and Atmosphere Research
NASA - Science
NASA - Aeronautics
NASA - Disaster Relief
NSF - Research
NSF - Education
NSF - Facilities and Construction
Satellite Construction

Health $12.3 billion

Health Centers Grants
Health Centers - Repairs
Health Centers - Moving Expenses
Health Care Personnel and Training
Disease Control
National Institute of Health - Research
National Institute of Health - Discresionary
National Institute of Health - Facilities
Agency for Health Care Research - Discretionary
Health Information Technology
Public Health and Social Services Emergency Fund
Disease Control - Prevention
Discretionary Prevention
Assistance and extension of COBRA benefits
COBRA premium assistance
Penalty for failure to notify health plan of cessation of eligibility
Optional medicaid coverage
Health Information Technology and Quality provision

Labor and Human Services $12.5 billion

Employee Training
Community Service for Older Adults
State Unemployment Insurance
Department of Labor - Salaries
Office for Job Corps
Low Income Home Energy Assistance
Child Care and Development Grants
Children and Family Services
Community Service - Operations
National Service Trust
Social Security Administration - Computer Center
Social Security Administration - processing disability and retirement workloads
Aging Services
Extension of Emergency Unemployment Compensation Program
Increase in Unemployment Compensation
Unemployment Compensation Modernization
Emergency fund for TANF Program
One Time Emergency Payment to SSI Recipients
Temporary Resumption of Prior Child Support Law
Additional Medicaid provisions

Tax Incentives $ 275 billion (estimated)

Increased earned income tax credit
Increased child tax credit
American opportunity tax credit
waiver of repayment of first time buyer tax credit
low income housing credit
temporary investment incentives
temporary increase in limitations on expensing depreciable business assets
5 year carryback of operating losses
Exceptions for TARP recipients
incentives to hire veterans and disconnected youth
limitations on certain built-in losses following change of ownership
de minimus safe harbor exception for tax exempt interest expense of financial institutions
modification of smaller issuer exception to tax exempt interest expense allocation rules for financial institutions
temporary modification of alternative minimum tax limitations on tax-exempt bonds
school construction tax credit
qualified zone academy bonds
government bonds
recovery zone bonds
tribal economic bonds
repeal withholding tax on government contractors
electricity produced from renewable resources
investment credit in lieu of production credit
repeal limitations on credit for renewable property
coordinate with renewable energy grants
increased limitations on issuance of new clean renewable energy bonds
increased limitations and expansion of qualified energy conservation bonds
extension and modification of credits for non-business energy property
modification of credit for residential energy efficient property
temporary increase in credit for alternative fuel vehicle refueling property
increased research for energy research
application of certain labor standards to projects financed with tax-favored bonds
grants to states for low-income housing projects in lieu of low-income housing credit allocations
grants for specified energy property in lieu of tax credits
study of economic employment and related effects of the act

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