Tuesday, February 17, 2009

Where is Your Money Going? - Recovery.gov

The American Recovery and Reinvestment Act targets investments towards key areas that will save or create good jobs immediately, while also laying the groundwork for long-term economic growth. The charts and numbers below give you an idea of where the money is going.

Over the upcoming months, we will provide more information on the distribution of funding by Federal agencies. In order to give small businesses and Americans across the country a chance to apply for recovery dollars to create and save jobs, some funding may not be distributed until this summer. New information on the allocation of funds will be posted on Recovery.gov as it becomes available.


Where is your money going- This chart gives you the breakdown of allocations by categories.


* Tax Relief - includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.

State and Local Fiscal Relief - Prevents state and local cuts to health and education programs and state and local tax increases.


Tabular View


Category
Amount ($ Billions)
*Tax Relief
$288
*State and Local Fiscal Relief
$144
Infrastructure and science
$111
Protecting the Vulnerable
$81
Health Care
$59
Education and Training
$53
Energy
$43
Other
$8

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