What is the cost of the American Recovery & Reinvestment Act of 2009? The Government is estimating that the projected cost of this act would be approximately $800 billion in order to fund the programs outlined in this act.
Here are the main areas making up the cost of the act;
1. $300 billion in tax cuts for individuals and businesses.
2. $250 billion will go to fund state and local governments.
3. $150 billion towards various kinds of infrastructure spending.
4. $100 billion in income support for unemployed individuals. |