Here is a breakdown of construction-related spending in the $789-billion economic stimulus package, based on a summary released Feb. 12, about 3 p.m., by the House and Senate Appropriations Committees. The committees said that the package, titled the American Recovery and Reinvestment Act, included $311 billion in new federal appropriations, or about 39% of the overall $789-billion measure. ENR estimates the bill's allotment for construction-related spending at $131 billion. A more precise number cannot be determined. Why? First, some capital-spending funding in the bill can be used to purchase equipment as well as to fund construction--transit is one example. Second, there is no amount specified in the bill for school construction, but the measure does allow local school districts to choose to finance facility modernizations--and non-construction programs--through a broad-based education set-aside in the bill's State Fiscal Stabilization program (see below). |
TRANSPORTATION [$49.3 billion]
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DEFENSE/VETERANS [$7.78 billion]
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Photo: J. Peabody
| HOUSING/HUD [$9.6 billion]
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SCHOOLS No specific line item, but $39.5 billion of the bill's $53.6-billion State Fiscal Stabilization Fund would go to local school districts, and school modernization would be one of several eligible uses for that $39.5 billion. Presumably, the decisions on how to spend the school "stabilization" allotments would be made by the states. |
ENERGY [$30.62 billion]
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BUILDINGS [$13.365 billion]
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WATER AND ENVIRONMENT [$20.1 billion]
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OTHER
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