Getting to the Source: The $825 Billion Economic Stimulus Bill PDF
Here you go: This is a PDF of the full stimulus bill our Congressmen and -women are voting on this afternoon or evening. If you have any last...
Here you go: This is a PDF of the full stimulus bill our Congressmen and -women are voting on this afternoon or evening. If you have any last minute thoughts there could be just enough time to let them know.It's 647 pages. Which is a lot. I haven't read it all yet, but I'll be scanning through it today and dropping interesting passages in the comments. If anyone else wants to do the same, maybe we could assemble a nice little Cliffs Notes of it here. Judgments to follow.
To begin, here's the first passage of substance:SEC. 3. PURPOSES AND PRINCIPLES.(a) STATEMENT OF PURPOSES.-The purposes of this Act include the following: (1) To preserve and create jobs and promote economic recovery. (2) To assist those most impacted by the recession. (3) To provide investments needed to increase economic efficiency by spurring technological advances in science and health. (4) To invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits. (5) To stabilize State and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive state and local tax increases. (b) GENERAL PRINCIPLES CONCERNING USE OF FUNDS.-The President and the heads of Federal departments and agencies shall manage and expend the funds made available in this Act so as to achieve the purposes specified in subsection (a), including commencing expenditures and activities as quickly as possible consistent with prudent management.