Friday, January 30, 2009
Tax Cuts 275
$500/person, plus expansion of business loss writeoffs
Aid to States 119
$87bn Medicaid, $25bn public safety, $7bn law enforcement
$41bn low-income support, $39bn secondary, $22bn college
Unemployment Aid 106
$43bn jobless benefits extension, $39bn health coverage
$30bn highways, $31bn building repair, $19bn water, $10bn transit
Energy Investments 54
$32bn grid upgrade, $22bn housing weatherizing
Investments in Science and Technology 16
$10bn research facilities, $6bn rural broadband Internet expansion
You can see more detailed figures in the actual proposal (.pdf document hosted by the Wall Street Journal).
Note how conservative this is - 'conservative' in the political sense. Tax cuts are not only the largest portion of the package, they're twice the size of the next largest item. More than twice the size.
And look at where the other big expenditures are: public safety, law enforcement, infrastructure. Even some of the liberal-sounding titles actually house conservative projects. 'Energy investments' isn't going toward solar-powered smiley buttons. It's primarily for upgrading the nation's electrical grid.
Good for President Obama for reaching across the aisle. Let's see how it works.