The House Committee on Appropriations released a run-down of what will most likely be included in the American Recovery and Reinvestment Bill of 2009.The bill will contain $275 billion in economic recovery tax cuts and $550 billion in thoughtful and carefully targeted priority investments withunprecedented accountability measures built in.The various spending programs total only $518.7billion. So they’re, you know, just $31.3 billion short.

Breakdown Of The Package For various Catagories as Below:

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.

original post can be found at the following link:

http://www.24timepass.com/education/obamas-stimulus-package-breakdown-report.htm