
Simple details about the most complicated economic times
in American history
Economic Stimulus Package Money By StateNote: Content for a site for sedation dentists in Austin, Texas was also written by the author of this page.
As part of the $787 billion economic stimulus package signed into law by President Barack Obama in February 2009, billions of dollars in direct federal spending were allocated to every state in the nation. Known as the American Recovery and Reinvestment Act, stimulus funds were set aside to funnel through programs such as highway construction and unemployment benefits, as well as through federal tax credits.
In addition to the stimulus allotments seen below, each state also can compete for $25 billion in federal grant programs. The economic stimulus money wasn’t divided up by state populations alone. Unemployment rates and poverty levels also played a role in the distribution.
Here are the details of how much economic stimulus money will be distributed to each state in 2009 and 2010, in billions of dollars: Alabama $7.7 |