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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (117521)	7/26/2012 12:57:10 PM
From: tejek	Read Replies (1) \| Respond to of 149317

About $50 Billion of the $850 billion in stimulus money went for infrastructure. That's a shame. Could have had some good roads and bridges. That suggests it would be useful to go back and review Recovery and Reinvestment Act's spending. The proposal finished at $787 billion. Of this, infrastructure accounted for a bit more than $100 billion. Where did the rest go? Well, $288 billion went to tax cuts and incentives. Another $150 billion went to the health-care system, most of it to help Medicaid and COBRA deal with the millions of Americans who'd lost their jobs and, thus, their health-care coverage. Education got another $100 billion, with most of it going to local school systems so they could avoid layoffs and continue with needed building maintenance. About $82 billion went to aid for unemployed workers, including unemployment benefits and food stamps. About another $50 billion went to scientific research, housing subsidies, miscellaneous other items like law enforcement. Wikipedia has a detailed breakdown here. voices.washingtonpost.com