Obama's Stimulus Plan

   

President Obama's Stimulus Plan, for improving our economy, has recently been put under the political spot light. It has been analyzed by all sorts of politicians and critics, so the friendly people over at Frank151 felt it was necessary to clear the air of any confusions or doubts that any of our readers might have regarding the President's $819 billion decision for our country. Below, you can find a short breakdown of Obama's Stimulus Plan.

-Aid to the poor and unemployed - $47 billion to provide extended unemployment benefits through Dec. 31, increase them by $25 a week and provide job training; $16.5 billion to increase food stamp benefits by 13 percent; $3 billion in temporary welfare payments.

-Direct cash payments - $17 billion to give one-time $300 payments to Social Security recipients, poor people on Supplemental Security Income, and veterans receiving disability and pensions.

-Law enforcement - $4 billion in grants to state and local law enforcement to hire officers and purchase equipment.

For a complete overview of the stimulus plan, check out this site.