Today, President Barack Obama is expected to sign the $787-billion economic stimulus bill, officially called the American Recovery and Reinvestment Act.
Final congressional action came late on February 13 in the Senate, where three Republicans joined 55 Democrats and two Independents to pass the bill by a vote of 60-38, the minimum majority needed for approval. In the House, the legislation passed by a vote of 246-183; no Republicans voted in favor of it.
While difficult to tally, it is estimated that roughly $130 billion of the bill is earmarked for construction-related spending. Below are some highlights.
TRANSPORTATION: $49.3 billion
Highways: $27.5 billion
High-speed rail: $9.3 billion
Transit: $8.4 billion
Airport Improvement Program, construction grants: $1 billion
Coast Guard, acquisition and facility upgrades/construction: $98 million
ENERGY: $30.6 billion
Electricity grid, including “Smart Grid” activities: $11 billion
Energy efficiency and conservation grants: $6.3 billion
Renewable-energy loan guarantees: $6 billion
Home weatherization assistance: $5 billion
Carbon capture and sequestration demonstration projects: $1.5 billion
Clean Coal Power Initiative: $800 million
WATER/ENVIRONMENT: $20.1 billion
Department of Energy, environmental cleanup: $6 billion
Environmental Protection Agency, Clean Water and Drinking Water funds: $6 billion
Corps of Engineers, civil works: $4.6 billion
Agriculture Department, rural water and waste-disposal facilities: $1.3 billion
EPA cleanup, including Superfund: $1.2 billion
BUILDINGS: $13.4 billion
General Services Administration (GSA), energy-efficiency upgrades for federal buildings: $4.5 billion
Facilities on federal and tribal lands: $3 billion
National Institutes of Health, facilities upgrades/construction: $1.5 billion
National Science Foundation, research equipment and facilities upgrades/construction: $600 million
Department of Homeland Security, new headquarters: $450 million
National Oceanic and Atmospheric Administration, procurement, acquisition, and facilities construction: $430 million
Department of Homeland Security, ports of entry: $420 million
National Institute of Standards and Technology, facilities construction: $360 million
Department of Agriculture, facilities: $330 million
Border stations and ports of entry: $300 million
U.S. Courthouses and other GSA buildings: $300 million
Fire stations: $210 million
State Department, Capital Investment Fund: $90 million
Smithsonian facilities: $25 million
HOUSING/HUD: $9.6 billion
Department of Housing and Urban Development (HUD), Public Housing Capital Fund: $4 billion
HUD, redevelopment of abandoned and foreclosed homes: $2 billion
HUD, Community Development Block Grants: $1 billion
HUD, energy retrofits, "green" projects in HUD-assisted housing projects: $250 million
DEFENSE/VETERANS: $7.8 billion
Veterans Affairs, medical facilities upgrades/construction: $1.25 billion
Department of Defense (DOD), facilities upgrades/construction: $4.2 billion
DOD, military “quality of life’ projects, such as housing and child-care centers: $2.3
School construction was not a specific line item in the bill. However, $39.5 billion of the bill's $53.6-billion State Fiscal Stabilization Fund will go to local school districts, and school modernization would be one of several eligible uses of the money. Presumably, states will decide how to spend the school “stabilization” allotments, although new school construction is not eligible.
Editor's Note: These figures are based on a summary released by Congress at 3 p.m., February 12.
For more economic news, visit our Recession and Recovery special section.