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Showing posts with the label Energy and the Economy

Recovery.gov

The Obama Administration has established the website Recovery.gov as the clearinghouse for information on the money being spent in the Stimulus Bill titled - The American Recovery and Reinvestment Act. Under Frequently Asked Questions there appears this question and response: Q: What type of programs will this recovery package fund?A: The Recovery Act specifies appropriations for a wide range of Federal programs and will increase or extend certain benefits payable under the Medicaid, unemployment compensation, and nutrition assistance programs. The legislation also reduces individual and corporate income tax collections and makes a variety of other changes to tax laws. The package provides funds that will: Create a framework for clean, efficient, American energy; Transform our economy with science and technology; Modernize roads, bridges, transit and waterways; Overhaul education for the 21st Century; Dispense tax cuts to make work pay and create jobs; Expand access to health care an...