The Senate unveiled it’s version of the economic stimulus bill with tax cuts and spending proposals totaling $355 billion dollars – allotting billions of dollars to federal agencies. This follows the House’s modifications and preparation for a vote this week. After Congress provides the legislation for signature to President Obama (mid-February is the target date), the public will be able to track how the government spends federal funds in the package at www.recovery.gov.
Spending in the Senate’s $825 billion 2009 American Recovery and Reinvestment Bill includes allotments to the following departments:
Defense Department, Energy Department, Environmental Protection Agency, General Services Administration, Health and Human Services Department, Homeland Security Department, NASA, National Science Foundation, Veterans Affairs Department, Other (includes Government Accountability Office oversight).
UPDATE FEBRUARY 17, 2009: The updated $787 billion American Recovery and Reinvestment Act of 2009 (economic stimulus package) is signed into law and www.recovery.gov goes live.
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