Showing posts with label economic bailout. Show all posts
Showing posts with label economic bailout. Show all posts

Thursday, April 9, 2009

Recovery.org

Not to be confused with the official government site devoted to the same purpose, recovery.org, from Onvia,

was developed to bring unprecedented transparency and accountability to recovery spending and ensure that every business, regardless of size, has equal access to the projects associated with the recovery efforts. On this site you will find real-time data, maps, and graphs detailing the spending activity associated with the American Recovery and Reinvestment Act. Onvia tracks "every dime" of spending by Federal, State and Local government agencies, and Recovery.org allows you to explore these activities in great detail by State, by Congressional District, and by Community.

It includes a pull-down menu that lets you look into projects in your city and state--currently, a number of cities in New York have applied for stimulus money for bridge and road improvement and rehabilitation projects.

Wednesday, February 11, 2009

Comparison of House and Senate Bailout Bills

The Senate Finance Committee website has a side-by-side comparison of the notable differences in the House and Senate bailout bills available here. Among the significant differences are:
  • Senate bill includes an AMT patch for 2009
  • Senate bill includes an above-the-line deduction for interest expenses and sales taxes paid on the purchase of a new car
  • House bill includes DOE grant for renewable energy projects
  • Senate bill includes a plan to require repayment of large bonuses by institutions that received TARP funds
  • House bill includes extension of Medicaid to unemployed not eligible for COBRA