February 12th, 2009
04:37 PM ET

Inside the stimulus bill

Editor's Note: This information was released from Congressman George Miller, Chairman of the House Education and Labor Committee.

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The final agreement reached by House and Senate negotiators includes:

Save and Create Jobs, Prevent Education Cuts

A $53.6 billon state stabilization fund to help states prevent cutbacks, layoffs, create jobs by modernizing schools and colleges and meet other needs. $5 billion of this fund will be used as bonus grants to states that make progress on key education reforms, like getting better teachers in high-need classrooms and improving the quality of assessments.

$13 billion in Title I – which goes to educate low-income students – for school districts and $12.2 billion in IDEA funding to help districts educate students with disabilities.

$2.1 billion for Head Start and Early Head Start, to expand critical early education opportunities for an additional 124,000 low-income infants and children. According to estimates, this will also create 50,000 new early education jobs.

$2 billion for Child Care Development Block Grants to provide child care services to an additional 300,000 low-income children while their parents are at work.

Immediate Aid to Make College More Affordable

$500 increase in the Pell Grant scholarship for the next school year – a boost that will benefit up to seven million students. In FY 2006, almost 75 percent of Pell Grant recipients had family incomes of $30,000 or below.

Creates a new $2,500 tuition tax credit to help an additional four million students families pay for college.

Helping workers find jobs

Almost $4 billion for job training programs to help prepare laid-off, adult, and younger workers prepare for jobs in emerging industries including green jobs.

$500 million to help prepare Americans with disabilities for employment.

$120 to provide community service jobs to an additional 24,000 low-income older Americans.

$500 million to help states place unemployed workers in open jobs.

Affordable Health Care for Unemployed Workers

Workers who recently lost their job will be eligible to receive a 65 percent subsidy towards their COBRA premium for up to nine months – helping both recently laid-off workers and older workers and tenured workers stay covered by expanding access to affordable health care coverage.

Filed under: Economy • Raw Politics
soundoff (26 Responses)
  1. Patrick from Bäle

    The crisis is so pervasive that I doubt if it's telling America or the world, for that matter, that we can go back to doing, 'business-as-usual.' "Change," has been in the air since the election of Barak Obama, but I don't think enough people realize as yet how profound a 'change' may be needed to secure future political, social and economic stability.
    The immediate situation needs: 1. Fiscal stimulus. Future stability requires: 2. Precedent setting 3.Changes.

    Fiscal stimulus through government funded infrastructure projects that focuson areas that were neglected before the crisis. This will create jobs and put money into circulation relatively quickly, and indicate that we are willing to turn crisis into responsibility and do things that are necessary, even at great cost.

    Set stimulus precedents that focus on the majority of Americans who are being most seriously affected and who will have to literally carry us out of this crisis on their shoulders-the working class. Set precedents that encourage them to take responsibility and to 'do the right thing' in their future political, social and economic activities, with emphasis on education, health care, retirement, and enviornment. Tax reduction,although a stimulus, doesn't represent enough 'change' for future stability, just "more of the same." Some will probably help.
    The government can provide immediate stimulus but what is probably more important is who the immediate stimulus and precedent is focused on. This crisis is really more about the rights and opportunities of the 'working class' world wide than banks and financial institutions. Focus the remedies on their rights and needs like; jobs, job security, education, health care, etc., and the crisis will begin to resolve itself.

    If 'real change' is being cried out for, it probably will require re-examination of the fundamental ideologies that underlie our political, social, and economic activities: democracy–majority rule vs 'doing-the-right thing,' capitalism–profit fixated vs job oriented, free markets vs the most affective and just production and distributiion of products and services, supply and demand economics vs balanced markets, and competition vs cooperation to insure that resources are being used to create the most jobs for human beings, support human life– all life, instead of other pseudo evolutionary forces, especially monetary policies. Change primary economic goals from a monetary to a human focus. After all, what or who is using this planet for its evolution-'money' or 'human beings'?

    People, let's take this opportunity to 'do-the-right-thing'. Let's take responsibility and pay for our part in this crisis and in so doing insure, to the best of our ability and integrity, that it won't happen again.

    February 13, 2009 at 6:35 am |

    The Stimulus Bill, AND WHO

    I see many things but the items to help mainstream America are not there. We need now, immediate assistance. This is what really burns America, we did not cause this. Certain politicians, greedy bankers, and other people with evil intentions cause this like lets start with 9/11 many Americans are still waiting for a real investigation because the science and the Government story is far beyond the facts line. The war in Iraq, 75 percent of America wants somebody in jail starting with Bush. The only person who has a grasp of what American want is Senate Judiciary Committee Chairman Patrick Leahy insisted we want investigation we want people in jail. This country is sunk because people failed to do there jobs in all areas, AMERICA IS DEMANDING we want people in jail for all these crimes, and all were getting from the government is that Politicians, rich people are above the law. President Obama, needs to realize you cannot fix the future until you fix the past, because the past is what got is in this mess and intentally. America wants people/ president or not in jail, we want the rich bank embezzlers in jail. Obama Saying I’m looking to the future that’s shoe tap dancing. You have Pelosi which we still do not know who she is working for repub/ demo, a PAC. MISS. Bush impeachment off the table. AMERICA IS NOT HAPPY A STIMULOUS BILL IS NOT GOING TO MAKE US HAPPY OR MAKE US GO OUT AND BUT WE DON’T TRUST GOVERNMENT OR WALL STREET. SOMEONE NEEDS TO BRING FAITH IN THE SYSTEM OF JUSTICE AND RIGHT NOW WE –SEE JUSTICE AS JUST (JUST-US). Until you put some people in jail, the economy will not get better because the lies and the crimes of out government and what you are doing nobody trust you. AMERICA IS FINNALY OPENING THERE EYES THAT THIS PUPPET SHOW IN DC REPUB AND DEMO IS ALL A SHOW YOU BOTH HAVE A AGENDA AND IT’S THE SAME, AND ALL THIS ACTING IS GETTING SO OBVIOUS ITS ALMOST DOWN RIGHT REDICLOUS HELERIOUS. HOW ABOUT TAKING SOME OF THE STIMULOUS MONEY AND HAVING A REAL 9/11 INVESTIGATION, A REAL WAR INVESTIGATION AND A REAL BANK EMBEZZLER INVESTIGATION

    February 12, 2009 at 11:59 pm |
  3. steve

    I hear today that they took the funding for the e-verify program out of the stimulus. this was a very effective program for identifying elligal immigrants for employment. It would have been nice if we americans actually had first chance at the jobs they hope to create.

    February 12, 2009 at 11:51 pm |
  4. Susan

    I have three thoughts:

    How is 30 million dollars for habitat restoration in San Francisco (Speaker Pelosi's district) going to benefit the economy as a whole. I am all for habitat restoration, I have vounteered my time doing it. I am sure that mouse is cute and quit worth saving, but this pork does not belong in a stimulas bill.

    How is the ( I forget the amount ) for a high speed rail line from Southern CA to Las Vegas ( a believe Senator Reid's area ) going to stimulate the economy now. With approvals, engineering, EPA studies and the terrain issues, I do not see that being done for many,many years. If the casinos want it they should build it themselves. Southwest flies from LAX to Las Vegas for $39.00 one way.

    How is all the money going to America Somoa ( Starkist and connected to Mr. Speaker Pelosi and owned by Delmonte Foods in Speaker Pelosi's area ) going to stimulate the economy now?

    All these projects may be well intentioned, but how does that jump start the economy.

    Senator Chuck S. of New York stated not to worry about all the little porky projects, but I thing we now have the whole sow.

    February 12, 2009 at 11:22 pm |
  5. donna

    Every major world power in history reaches it's peak and declines. While many of our current economic problems have roots established more than 20 years ago, we truly began to see the consequences before 9/11/2001. First, we had Enron, which tracks a few executives enriching themselves at the expense of their employees, indirect customers (energy trading) and various financial institutions. Then, we had Enron-by-the-Sea, which tracks the pension fiasco created by and for San Diego city employees at the expense of the residents and businesses in San Diego. Now, we have another financial creature creeping out of a swamp. An entire array of businesses operating from coast to coast seeking assistance at the expense of the American taxpayer, meaning those who actually pay their taxes. Our new creature could be called "Enron, from sea to shining sea."

    February 12, 2009 at 11:11 pm |
  6. Ronnie

    What a great bill...... my son told me that he and his wife would be getting $14 a week extra with the bill......The Stimulus Bill should be just that and only that. If they want green jobs, pave roads, plant flowers, healthcare changes, insulate homes, etc.......fine, but GET ALL THAT JUNK OUT OF THE STIMULUS BILL and get the money into circulation immediately.......Give americans a two month Federal Tax holiday and put some real money in americans pockets and not just signing us up for a loan that we have to pay back..

    February 12, 2009 at 11:08 pm |
  7. JohnT

    Why no discussion on why mandatory E-Verify compliance has been knocked out of the stimulus package? Is it because the US Chamber of Commerce and, apparently, the Democrat Party are firmly against it? Why is Lou Dobbs the only one on CNN to attempt to make an issue out of this? Jobs created from this package should be targeted at US citizens and legal immigrants. Illegals should not be in the mix.

    February 12, 2009 at 10:46 pm |
  8. Don

    Removing school construction projects from the stimulus bill and replacing them with pork spending and earmarks makes absolutely no since to me. What does Pelosi's earmark to save water rats in San Francisco, for example, have to do with stimulating the economy.

    President Obama should either have the pork and earmarks removed or simply not sign this bill.

    February 12, 2009 at 10:27 pm |
  9. Cathi

    I've heard the argument that Wall Street is against the salary caps because they wouldn't be able to keep their best & brightest. If you have the best & brightest, why do you need to be bailed out? Why doesn't the media ask these kinds of questions?

    February 12, 2009 at 10:00 pm |
  10. Bruce Hoff

    Rebuilding the infrastructure, before it falls apart, helps in more ways than the short minded folks think. Stop with the tunnel vision.
    But, more money should be dedicated to ensure NO TEACHER IS LEFT BEHIND.

    February 12, 2009 at 9:25 pm |
  11. Concerned Taxpayer

    Hello, Anderson:

    Please mention the following to your audience for approval/disapproval:

    I would hope that our Congresspersons would amend the Stimulus Package to NOT send checks, but rather, VOUCHERS or GIFT CHECK CARDS which MUST be SPENT on actual business merchandise, NOT including bill or credit card payments, charities, or bankrolling the stash. This, in turn, would provide DIRECT and IMMEDIATE subsidization to employee staffing levels throughout the businesses of our country.

    Moreover, additional funds could be given in CHECK FORM to those Americans who most need them, as VERIFIED on a NEEDS BASIS (i.e. insufficient personal savings & IRA accounts, investments, etc., as determined by an a statistical or actuarial chart).

    Thank You Very Kindly!!!

    February 12, 2009 at 8:41 pm |
  12. earle,florida

    I'd like to know who is profitting off these digital convertor boxes? Lou Dobbs has it right,what's going on? I remember a couple years ago, when US Rep Ed Markey (Ma.) introduced the legislation to implement,and fund this bill. It gave adequate time for folks with analog, to make the switch to digital, almost 2 years ago! Listen up! They haven't sold an analog TV in america for 3 years, and everyone either has cable,or satellite with built in convertor boxes! We must find the benificiaries of this ridculus (approx. 6 months xtra time,at an additional cost of,"WHAT!) give-away of taxpayers dollars. This is blatant robbery,and corrupt! Investigate,Investigate,Investigate!!! President Obama has a pin,and if he," don't scale this fluke" from the "Stimulus Bill" he's lost all my respect,...

    February 12, 2009 at 8:35 pm |
  13. Hilda

    I think that no matter how you look at it, this bill is a spending bill not an stimulus one. If Obama, Pelosi, Reid, et al were really serious about stimulating the economy, they would have cut all the crap that has nothing to do with the economy and does not directly save or create jobs. This is a bill to pay all their political debts. We, our children, our grandchildren, etc will be paying for it forever.

    And, can someone tell Pelosi to stop all the hyperbole? Can someone please explain how the same people who have been in Congress for over 20 years and have been members of Banking, Economic, Financial Committees and did not see what is going on conming, can now be in charge of fixing it? I wish reporters had the courage of asking them that question?

    Finally, if President Obama would revamp Government the way he expects the private companies to do, he could reduce the amount needed for the stimulus package by cutting the waste and getting rid of all the unproductive personnel.

    February 12, 2009 at 8:12 pm |
  14. Louis

    Apparently, the Education poration of the stimulus has failed already to prevent cuts. School Districts in San Francisco Bay Area have already closed over 5 schools with no alternatives where to place the childres and students and 100's of jobs lost.

    February 12, 2009 at 7:55 pm |
  15. Lisa in CA

    I need to also add that here in CA, the budget being discussed and possibly, maybe one day being close to being passed includes an increase in sales tax (for a family makng $40k/year that would be about $200 per news media), increase in DMV fees (for same family $120) and a 12-cent/gallon gas tax (we already have a 5-cent gallon gas tax that was supposed to be specifically for road/highway improvements but it apparently got co-opted to the general fund). That $400/800 tax reduction the Stimulus Bill gives us (or approximately $30-60/month) just got eaten up by the state.

    I wonder how many other states are contemplating these types of things as well. So much for stimulating anything. We're still behind the 8-ball.

    February 12, 2009 at 7:20 pm |
  16. Jonathan Simeone

    I agree with the provisions in this bill, like education funding, that are investments in our future. There is no question that this economic crisis is going to last for several years, so we are going to need to do things that can find work for people more than just two years down the road.

    I agree that the government needs to do more about the housing crisis. But we need to be careful that, through tax credits, we do not encourage people to buy homes they can't afford. That is one of the biggest reasons we are in this mess.

    February 12, 2009 at 6:43 pm |
  17. Amanda Mays

    hat ia this stimulus plan doing for family that make less than 30,000 a year and rising childen. It does not say anything about putting money in the hands of the poor working people.

    February 12, 2009 at 6:38 pm |
  18. Its Not Fair

    Its great that so many jobs will be created, but will those oppurtunities be available for those who were confined and have leagal records as a felon. Once a person paid there moral dues, shouldn't they recieve an opporunity to succeed also. Not all apples are bad, but the ones that have little brown spots should be given the opprtunity evolve also. The banks broke laws and recieve money on top of the money already acquired. Can I have an oppurtunity to start over or recieve a cultural bailout. Or a freedom bailout.

    February 12, 2009 at 6:24 pm |
  19. Sharon L Hill, Deltona, FL

    Once again I don't qualify. I'm unemployeed because I cared from 2 parents while they were dying instead of abandoning them.

    February 12, 2009 at 5:49 pm |
  20. Sal

    The real crippler is the loss of the $15,000 tax credit for home buyers. Nothing else will stimulate the economy like people being able to buy homes, especially new homes. There lies the chance for recovery.

    February 12, 2009 at 5:43 pm |
  21. Lisa in CA

    I still don't see job creation. It's great that there will be "retraining" programs but how are the bills supposed to get paid in the meantime? Unemployment benefits (for those who qualify) do run out and certainly don't pay the same as one's job did.

    Boosting Pell Grant scholarships is not going to put people back to work. Granted, it will help future generations get a college education (which, BTW, is not guaranteed) but what will it do for those of us out of work NOW?

    I could go on but the bottom line is this - this "stimulus" bill is for the future. What we need is immediate relief for those out of work, about to be foreclosed upon, etc. now. Nowhere do I see these needs being addressed. I can say one positive thing about this bill - for the first time in a long time the politicians are looking to the future. It used to be that the future was being ignored for the present. Too bad the present is now being sacrificed.

    February 12, 2009 at 5:43 pm |
  22. sherry, northern Calif.

    Is there $30 million to save and endangered rat in San Francisco in this stimulis bill? If so, it is time to get the rats out of this bill along with any other ridiculous items. Maybe they were talking about Feinstein. Who knows?

    February 12, 2009 at 5:33 pm |
  23. Larry

    What is in the bill to get the ivy league universities to share their hold on the top of the rung professors with other universities who don't have the big $$ endowments? Harvard has billions in endowments and the lion's share of the intellectual faculties. There is money to be made from investing in university endowments.

    February 12, 2009 at 5:14 pm |
  24. Joe

    The first time home buyer credit is a joke. It phases out for individuals makein over $75K and couple making over $150K. In Southern California you can even touch a first home with that type of income. The income caps need to be lifted so ALL Americans can get the assistance they are offering.

    February 12, 2009 at 5:09 pm |
  25. Pat Canada

    Why is Pelosi so concerned about Education in the Stimulus Plan? It must be the third time she was mentioned with reference to the same?

    February 12, 2009 at 4:51 pm |
  26. Annie Kate

    I wish someone would come up with a list of what green jobs are and what type of job activities they include. We hear about "green jobs" but there doesn't seem to be many specifics about them so far. Also, I hope there isn't the unrealistic expectation that all citizens with disabilities can be trained to go back to work; some are disabled per their medical doctors for any and all types of employment.

    February 12, 2009 at 4:47 pm |