Things I Learned by Reading the Stimulus Plan
Things I learned by reading the Stimulus Plan:
1. If you are a first-time home buyer and you haven’t bought a house (and you can afford it), consider doing it in 2009. First time home buyers who make less than $75k/year can get up to $8,000, free, if I am reading it right.
2. If you were thinking about buying a car, you should consider doing it this year… tax free! Just buy American, k?
3. Laid off? Get your ass to college! $15.8 billion in Pell Grants for higher education.
4. The government got back almost 7 BILLION dollars, just by repealing a (possibly illegal) decision made by the Treasury late last year: the Repeal of Treasury Section 382 Notice section of the Stimulus plan removes a decision which allowed new owners of a company to claim that companies losses themselves, even if the losses occurred prior to their ownership. Did I mention it saves the government almost SEVEN BILLION DOLLARS? For those of you keeping track, doing this alone makes the Defense Environmental Cleanup ($5.4 billion) line item free. Where did Treasury Section 382 Notice come from, anyway?
5. Light Rail gets $8 billion; Highways get $27 billion. Boo, Hiss.
6. National Endowment for the Arts gets… $50 million. Bigger Boo.
7. Apparently we never paid the Filipinos who participated in WWII, and now we owe them almost $200 million. How many of them are even left alive, at this point?
8. There’s a lot of stuff in here about the environment. $4.5 billion for “green” Federal buildings; $300 million for energy effeciant vehicles for the government (I hope they are incduding the post office in that one), $3.2 billion for “energy efficiency” grants… and then they go and mess it all up with $3.4 billion for “fossil fuel research and development”.
9. Single biggest line item under “Health Care” - $7.4 billion for Scientific Research. At least the scientists will stay employed! Second biggest line item – National Coordinator for Health Information Technology. Guess we’ll be getting those online health records sooner than later!
10. Single biggest line item under “Science” – $4.6 billion for broadband technology. Hot damn, it’s like we’re actually going to start participating in this century again!
1. If you are a first-time home buyer and you haven’t bought a house (and you can afford it), consider doing it in 2009. First time home buyers who make less than $75k/year can get up to $8,000, free, if I am reading it right.
2. If you were thinking about buying a car, you should consider doing it this year… tax free! Just buy American, k?
3. Laid off? Get your ass to college! $15.8 billion in Pell Grants for higher education.
4. The government got back almost 7 BILLION dollars, just by repealing a (possibly illegal) decision made by the Treasury late last year: the Repeal of Treasury Section 382 Notice section of the Stimulus plan removes a decision which allowed new owners of a company to claim that companies losses themselves, even if the losses occurred prior to their ownership. Did I mention it saves the government almost SEVEN BILLION DOLLARS? For those of you keeping track, doing this alone makes the Defense Environmental Cleanup ($5.4 billion) line item free. Where did Treasury Section 382 Notice come from, anyway?
5. Light Rail gets $8 billion; Highways get $27 billion. Boo, Hiss.
6. National Endowment for the Arts gets… $50 million. Bigger Boo.
7. Apparently we never paid the Filipinos who participated in WWII, and now we owe them almost $200 million. How many of them are even left alive, at this point?
8. There’s a lot of stuff in here about the environment. $4.5 billion for “green” Federal buildings; $300 million for energy effeciant vehicles for the government (I hope they are incduding the post office in that one), $3.2 billion for “energy efficiency” grants… and then they go and mess it all up with $3.4 billion for “fossil fuel research and development”.
9. Single biggest line item under “Health Care” - $7.4 billion for Scientific Research. At least the scientists will stay employed! Second biggest line item – National Coordinator for Health Information Technology. Guess we’ll be getting those online health records sooner than later!
10. Single biggest line item under “Science” – $4.6 billion for broadband technology. Hot damn, it’s like we’re actually going to start participating in this century again!
Labels: politics
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