U.S. building blocks

  • Updated: January 28, 2009 - 8:30 PM

U.S. building blocks

Spending

• Aid to the poor and unemployed; subsidized health insurance for the unemployed

 Highway and bridge construction and repair; mass transit, water projects

• Grants to local school districts; high-speed Internet access to underserved areas

 Superfund and waste site cleanup, habitat restoration

• Law enforcement hiring

Taxes Individuals

 $500 per-worker, $1,000 per-couple tax cut for two years

 Greater access to the $1,000 per-child tax credit for the working poor

 Increased earned-income tax credit for families with at least three children

 A $2,500 tax credit for college tuition and related expenses

Taxes Businesses

• Equipment depreciation speed-up

• Credits on past profits for money-losing companies

• Credits for renewable energy production

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