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Where’s The Economic Stimulus Money Going?

In the economic stimulus packages pushed through in 2009 by the Obama Administration, your taxpayer dollars were allotted to a variety of programs.

The $787 Billion Economic Stimulus Package – February 2009
$288 billion – tax relief*
$144 billion – state and local municipalities
$111 billion – infrastructure and science
$81 billion – poor and unemployed
$59 billion – health care
$53 billion – education and training
$43 billion – energy
$8 billion – other

The $275 Billion Mortgage Stimulus Package – February 2009
$200 billion – more help for Fannie Mae and Freddie Mac**
$75 billion – direct assistance to homeowners in distress

*This is in addition to the $178 billion economic stimulus package the Bush Administration handed out in 2008, in the form of tax rebate checks, or stimulus payments, as they came to be known.

*This is in addition to the $300 billion economic stimulus package the Bush Administration handed out in 2008 to shore up these privately held mortgage giants.

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