Stimulus Plan Update 2/12/09 February 12, 2009

Lawmakers in Washington seem to have reached a deal on the Stimulus Package and could vote on it as early as 2/12/09. Below are details of the Stimulus Package.

Stimulus Package Details - February 12, 2009

- Cost: $789 Billion (it is 2009 - if one were to have spent $1 million every day for the past 2,009 years, you'd still have money left over - that's how much $789 billion is )

- Up to an $8,000 tax credit for new home buyers - down from the proposed $15,000 - reported by Bloomberg

- New Car sales tax write off, interest write off

- Over $150 billion will go to infrastructure, Roads, Buildings, Water System


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