Sixty-six percent of the $825 billion in the stimulus bill is designated for specific states. In this great interactive piece (about halfway down the page), the Center for American Progress breaks down how much cash each state would get if the bill passes the Senate next week. California, for example, would get $63.37 billion.What exactly would these monies pay for? From the CAP:These state and local funds include direct tax cuts for working families; increased unemployment insurance and food stamps to help those most in need; new funding to equip the education system for the 21st century; additional funds for existing clean energy programs; state-level infrastructure projects; and assistance that is necessary to protect vital services such as Medicaid.While “direct tax cuts for working families” is a little vague, all of the other causes-especially education and clean energy-sound like investments that will pay long-term dividends. You can’t go wrong with energy independence and an informed electorate.UPDATE: For a very helpful roundup of arguments against the stimulus bill, see this recent post by my colleague Morgan.
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