The Stimulus How to Spend $787,000,000,000? Copyright 2009 VIAforward1.

The StimulusHow to Spend $787,000,000,000?

Copyright 2009 VIAforward 1


(In Billions of Dollars)

How large is the stimulus?

Source: OMB & CBO

Judged by a Different Metric – Feeding Frenzy

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4Copyright 2009 VIAforward

How is it being spent?

Outlays (FY09-19) Source: CBO

House$820 billion


In

Bill

ions

of D

olla

rs

Source: CBO

Recovery.Gov Summary

Unemployed Workers in the US (12/09)

15,400,000WSJ


Unemployed Workers in the US (3/09)

12,500,000CNNMoney

Large Scale Non-Appropriations Items

• $20 billion for Heath Information Technology Incentive Payments.

• $90 billion for States for Medicaid.

• Alternative Minimum Tax will receive its annual fix.

• Post-separation employees must only pay 35% of COBRA payments for 9 months.

Copyright 2009 VIAforward 7Source: Conference Report

Selected Tax Cuts

• $400 tax credit. $800 per couple. • The $1,000 child tax credit becomes refundable. • $8,000 first-time homebuyers (by Dec 1, 2009)*

*just extended with new $6,500 credit for non-first time buyers.

• Taxes on new car purchases will be deductible.• 30% energy efficiency upgrades tax credit

($1500)• $2,500 tax credit for college expenses (40%

refundable). Copyright 2009 VIAforward 8Source: AP

Programs over $10 billion



Outlays Source: CBO



Source: CBO

Copyright 2009 VIAforward 11Outlays Source: CBO

of which



Transportation(In Billions of Dollars)

Outlays Source: CBO


Ag., Rural Development, Food and Drug Admin. & Related Agencies


Outlays Source: CBO



Outlays Source: CBO


DOD, VA & Homeland Security(In Billions of Dollars)

Outlays Source: CBO


Health and Human Services

Outlays Source: CBO



Outlays Source: OMB

Budget Deficit OMB Estimate

Receipts vs. Outlays(Real 2005 Dollars)

VISIT: WWW.USVISUALBUDGET.COM


EXTRA SLIDES


The Stimulus How to Spend $787,000,000,000? Copyright 2009 VIAforward1.

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