The American Recovery and Reinvestment Act of 2009 Part 4
Summary of Provisions From Senate Finance, House Ways & Means Committees
(This information is subject to change, pending the approval of the Senate, House and President)
The stimulus bill will also include other initiatives such as:
Clean, Efficient Energy:
- Smart Grid/Advanced Battery Technology/Energy Efficiency
- Provides more than $30 billion for energy initiatives such as a new, smart power grid, advances battery technology and energy efficiency measures.
- Transforms the nation's electricity systems through the Smart Grid Investment Program to modernize the electricity grid to make it more efficient and reliable.
- Supports U.S. development of advanced vehicle batteries and battery systems through loans and grants so that America can lead the world in transforming the way automobiles are powered.
- Helps state and local governments make investments in innovative best practices to achieve greater energy efficiency and reduce energy use.
- Spurs energy efficiency and renewable energy R&D.
- Landmark Energy Savings at Home
- Provides $5 billion for landmark provisions to improve the energy efficiency of more than 1 million modest-income homes through weatherization.
- Repairing Public Housing and Making Key Energy Efficiency Profits to HUD-Assisted Housing
- Provides more than $4 billion for increasing energy efficiency in federally-supported housing programs.
- Specifically, establishes a new program to upgrade HUD-sponsored low-income housing (elderly, disabled, and section 8) to increase energy efficiency, including new insulation, windows, and frames.
- Also invests in energy efficiency upgrades in public housing, including new windows, furnaces, and insulation to improve living conditions for residents and lower the cost of operating these facilities.
Science and Technology:
- Investing in Scientific Research (More than $15 Billion)
- Provides $3 billion for the National Science Foundation, for basic research in fundamental science and engineering.
- Provides $1.6 billion for the Department of Energy's Office of Science, which funds research in such areas as climate science, biofuels, high-energy physics, nuclear physics and fusion energy sciences.
- Provides $400 million for the Advanced Research Project Agency-Energy (ARPA-E) to support high-risk, high-payoff research into energy sources and energy efficiency in collaboration with industry.
- Provides $580 million for the National Institute of Standards and Technology, including the Technology Innovation Program and the Manufacturing Extension Partnership.
- Provide $10 billion for NIH, including for expanding good jobs in biomedical research to study diseases such as Alzheimer's, Parkinson's, cancer, and heart disease, and for improving NIH facilities.
- Provides $1 billion for NASA, including $400 million to put more scientists to work doing climate change research.
- Provides $1.5 billion for NIH to renovate university research facilities and help them compete for biomedical research grants.
- Extending Broadband Services
- Provides $7 billion for extending broadband services to underserved communities across the country, so that rural and inner-city businesses can compete with any company in the world.
Lower Health Care Costs and Ensure Broader Coverage:
- Modernizing Health Care System to Lower Costs and Save Lives
- Provide $19 billion to accelerate adoption of Health Information Technology (HIT) systems by doctors and hospitals, in order to modernize the health care system, save billions of dollars, reduce medical errors and improve quality.
- Protecting Health Care Coverage for Millions through Medicaid
- Protects health care coverage for millions of Americans during this recession, by providing and estimated $87 billion over the next two years in additional federal matching funds to help states maintain their Medicaid programs in the face of massive state budget shortfalls.
- Providing Health Insurance for Unemployed Workers
- Currently, laid-off workers, under the COBRA program, can buy into their former employer's health insurance. The bill provides a 65% subsidy for COBRA premiums for up to 9 months for workers affected by the recession.
- Investing in Prevention & Comparative Effectiveness Research
- Provides $1 billion for a new Prevention and Wellness Fund.
Education for the 21st Century:
- Preventing Teacher Layoffs and Cuts in Education and Other Key Services by the States
- Prevents teacher layoffs and other cutbacks in education and other key services, by establishing a $53.6 billion State Fiscal Stabilization Fund, including $39.5 billion to local school districts using existing funding formulas, which can be used for preventing cutbacks, preventing layoffs, school modernization, or other purposes; $5 billion to states as bonus grants for meeting key performance measures in education; and $8.8 billion to state for high priority needs such as public safety and other critical services, which may include education and for modernization, renovation, and repairs of public school facilities and institutions of higher education facilities.
- Making College More Affordable
- Increases the higher education tax credit to a maximum of $2,500. Also makes it available to nearly 4 million low-income students who had not had any access to the higher education tax credit in the past-by making it partially refundable.
- Increase the maximum Pell Grant by $500, for a maximum of $5,350 in 2009 and $5,550 in 2010.
- Adds $200 million to the vital College Work-Study program.
- Investing in Early Childhood Development
- Provides $1.1 billion for Early Head Start and $1 billion for Head Start, which provide comprehensive development services to low-income infants and preschool children.
- Provides $2 billion for the Child Care Development Block Grant to provide child care services to an additional 300,000 children in low-income families while their parents go to work.
- Providing Other Key Education Investments
- Provides $13 billion for Title I grants to help disadvantaged kids reach high academic standards.
- Provides $12.2 billion for grants for IDEA (Special Education) to increase the federal share of these costs, and prevent these mandatory costs from forcing states to cut other areas of education.
Modernize Roads, Bridges, Transit and Waterways:
- Modernizing Roads and Bridges
- Provides $27.5 billion for modernizing roads and bridges. This investment creates jobs in the short term while saving commuters time and money in the long term.
- Improving Public Transit and Rail
- Provides $8.4 billion for investments in transit and $8 billion for investment in high-speed rail.
- Prioritizing Clean Water/Flood Control/Environmental Restoration
- Provides $19 billion for clean water, flood control, and environmental restoration investments.
- Modernizing Public Infrastructure, Including To Achieve Major Energy Cost Savings
- Provides billions to modernize federal and other public infrastructure with investments that lead to long-term energy cost savings, including about $4.2 billion to make improvements in DOD facilities, including housing for our troops and about $4.5 billion to make federal office buildings more energy-efficient in order to achieve long-term savings for taxpayers.
Help Workers Hurt by the Recession:
- Extending and Improving Unemployment Benefits
- Continues through December 2009 the extended unemployment benefits program (which provides up to 33 weeks of extended benefits) that is otherwise scheduled to begin to phase out at the end of March 2009.
- Increases unemployment benefits for 20 million jobless workers by $25 per week, and encourages states to modernize their UI systems to keep up with the changing workforce with expanded coverage.
- Temporarily suspends the taxation of some unemployment benefits.
- Increasing Food Stamp Benefits
- Provides $19.9 billion for food stamps, increasing food stamp benefits by over 13% to help offset rising food costs for more than 31 million Americans, half of whom are children.
- Increasing Other Food Assistance
- Provide other food assistance, including $100 million for Emergency Food and Shelter to help local community organizations provide food and shelter; $100 million for formula grants to states for elderly nutrition services including Meals on Wheels; and $150 million for the Emergency Food Assistance Program to purchase commodities for food banks to refill emptying shelves.
- Helping Workers Find Jobs
- Provides funding to help workers find jobs, including $3.95 billion for job training including formula grants for adult job training, dislocated worker job training, and youth services (including $1.2 billion to create up to one million summer jobs for youth); $500 million for Vocational Rehabilitation State Grants to help persons with disabilities prepare for gainful employment; $500 million to match unemployment individuals to job openings through state employment agencies; and $120 million to provide community service jobs to an additional 24,000 low-income older Americans.
- Expanding Housing Assistance
- Increases support for several critical housing programs, including $2 billion for the Neighborhood Stabilization Program to help communities purchase and rehabilitate foreclosed, vacant properties and $1.5 billion for the Emergency Shelter Grant program to provide short-term rental assistance and other aid for families during the economic crisis.
- Providing Aid to Seniors, Disabled Veterans, and SSI Recipients
- Provides a payment of $250 to retirees, disabled individuals and SSI recipients receiving benefits from the Social Security Administration, Railroad Retirement beneficiaries, and disabled veterans receiving benefits from the Department of Veterans Affairs.
(This information is subject to change, pending the approval of the Senate, House and President)