Open in TheBrain

Stimulus ARRA

<p><font size="4" face="Times New Roman">record better than seems? <a href="http://maddowblog.msnbc.com/news/2013/05/10/18171438-obama-the-epa-and-environmental-opportunities">http://maddowblog.msnbc.com/news/2013/05/10/18171438-obama-the-epa-and-environmental-opportunities</a></font>

<font size="4" face="Times New Roman">&nbsp;</font>

<font size="4" face="Times New Roman">cap and trade dead unless dems sweep 2014</font>

<font size="4" face="Times New Roman">&nbsp;</font>

<font size="4" face="Times New Roman">epa head scuttle: <a href="http://www.nbcnews.com/id/26315908/vp/51837416#51837416">http://www.nbcnews.com/id/26315908/vp/51837416#51837416</a></font>

<font size="4" face="Times New Roman">&nbsp;</font>

<font size="4" face="Times New Roman">The conventional wisdom certainly has merit -- Obama has set worthwhile environmental goals, but progress has been slow, in part because congressional Republicans have made it impossible to pass legislation, even a cap-and-trade policy that GOP leaders championed as recently as 2008. Carbon emissions have sharply improved, but there's no credible reason to give administration policies too much credit, since the reductions are largely the result of the recession and the fracking boom.</font>

<font size="4" face="Times New Roman">Jonathan Chait, however, this week challenges some of the assumptions in an interesting piece and gives Obama more credit for "<a href="http://nymag.com/news/features/obama-climate-change-2013-5/">amassing an impressive record</a>" than he usually receives.</font></p>

<blockquote>

<p><font size="4" face="Times New Roman">He has done quite a bit, probably far more than you think, and not all of it advertised as climate legislation, or advertised as much of anything at all. The <b>American Recovery and Reinvestment Act</b> was many things -- primarily, a desperate bid to shove money into enough Americans' pockets to prevent another Great Depression -- but one of them was a major piece of environmental reform. The law contained upwards of $90 billion in subsidies for green energy, which had a catalyzing effect on burgeoning industries. American wind-power generation has doubled, and solar power has increased more than six times over.... [T]he wave of innovation -- new fuels, plus turbines, energy meters, and other futuristic devices -- will reverberate for years. [...]</font>

<font size="4" face="Times New Roman">&nbsp;</font>

<font size="4" face="Times New Roman">The administration has also carried out an ambitious program of regulation, having imposed or announced higher standards for gas mileage in cars, fuel cleanliness, energy efficiency in appliances, and emissions from new power plants. In aggregate, they amount to a major assault on climate change. Some environmentalists judge them to be insufficient -- a fair critique -- but many more Obama supporters aren't even aware that they exist.</font></p>

</blockquote>

<p><font size="4" face="Times New Roman">&nbsp;</font>

<font size="4" face="Times New Roman"></font></p><p><font face="Times New Roman" size="4">===</font></p><p><font face="Times New Roman" size="4">reason mag trashes</font></p><p><font face="Times New Roman" size="4">http://www.seia.org/policy/finance-tax/1603-treasury-program</font></p><p><font face="Times New Roman" size="4">stimulus?</font></p><h1 class="page-title"><font face="Times New Roman" size="4">1603 Treasury Program</font></h1><font face="Times New Roman" size="4">

                                      
    
    
     </font><p><font face="Times New Roman" size="4">Just as the<span style="background-color: rgb(255, 255, 102);"> solar </span>industry was beginning to significantly expand

across United States, economic downturn in 2008 significantly reduced

the supply of capital available for renewable energy investments. SEIA

continues to support the 1603 Treasury Program, which provides

additional liquidity in the marketplace by allowing solar project

developers to more easily monetize existing tax incentives through 2016.</font></p><font face="Times New Roman" size="4">

</font><h2><font face="Times New Roman" size="4">Quick facts</font></h2><font face="Times New Roman" size="4">

</font><ul><li><font face="Times New Roman" size="4">The 1603 Treasury Program is a technology-neutral finance

mechanism that allows solar and other renewable energy project

developers to receive a direct federal grant in lieu of the Section 48 <a href="http://www.seia.org/policy/finance-tax/solar-investment-tax-credit">Investment Tax Credit</a> (<a href="http://www.seia.org/policy/finance-tax/solar-investment-tax-credit">ITC</a>).</font></li><li><font face="Times New Roman" size="4">As of December 2013, the Treasury Department had awarded more than

9,000 grants totaling $18.5 billion, $4.4 billion of which went to solar

projects.</font></li><li><font face="Times New Roman" size="4">A preliminary analysis by the National Renewable Energy Laboratory's

(NREL) conservatively estimated that the 1603 Program has supported an <a href="http://www.nrel.gov/docs/fy12osti/52739.pdf">average of 52,000 to 75,000 jobs</a> over the period analyzed.</font></li></ul><h2><font face="Times New Roman" size="4">What is the 1603 Treasury Program?</font></h2><font face="Times New Roman" size="4">

</font><p><font face="Times New Roman" size="4">The 1603 Treasury Program is a technology-neutral finance mechanism

that allows solar and other renewable energy project developers to

receive a direct federal grant in lieu of the Section 48<a href="http://www.seia.org/policy/finance-tax/solar-investment-tax-credit" target="_blank"> Investment Tax Credit (ITC)</a>.

This modification allows taxpayers and small businesses to maximize the

return and value of existing tax incentives. The program provides

access to needed capital and streamlines project financing transaction

costs for project developers.</font></p><font face="Times New Roman" size="4">

</font><p><font face="Times New Roman" size="4"><b><span style="background-color: rgb(255, 255, 102);">The 1603 Treasury Program has been a proven success and given

taxpayers a good return on investment.</span> Since its enactment, the National

Renewable Energy Laboratory's (NREL) preliminary analysis

conservatively estimated that the <a href="http://www.nrel.gov/docs/fy12osti/52739.pdf" target="blank">1603 Program supported an average of 52,000 to 75,000 jobs</a> over the period analyzed. The program has<a href="http://www.treasury.gov/initiatives/recovery/Documents/Status%20overview.pdf" target="blank">&nbsp;leveraged more than $30 billion in private sector investment</a>&nbsp;for

a wide range of energy technologies in all 50 states.&nbsp;As of September

2012, the 1603 Treasury Program awarded approximately <a href="http://www.seia.org/sites/default/files/1603%20Grant%20Awards%202012-9-10.pdf">6,400 grants for more than 44,000 individual solar projects</a> in all 50 states and has supported over $7.17 billion in private investment in the solar industry.&nbsp;
</b></font></p><p><font face="Times New Roman" size="4"><b>...</b></font></p><p><font face="Times New Roman" size="4"><b>http://www.seia.org/policy/finance-tax/1603-treasury-program</b>
</font></p><font face="Times New Roman" size="4">=</font><p><font size="4" face="Times New Roman">
</font></p>

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<table id="toc" class="toc"><tbody><tr><td>

<div id="toctitle">

<h2><font size="4" face="Times New Roman">Contents</font></h2>

<span class="toctoggle"><font size="4" face="Times New Roman">&nbsp;[<a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#" class="internal" id="togglelink">hide</a>]&nbsp;</font></span></div>

<ul>

<li class="toclevel-1 tocsection-1"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Brief_Summary"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">1</span> <span class="toctext">Brief Summary</span></font></a></li>

<li class="toclevel-1 tocsection-2"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Details"><span class="tocnumber">2</span> <span class="toctext">Details</span></a>

</font><ul>

<li class="toclevel-2 tocsection-3"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Spending"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">2.1</span> <span class="toctext">Spending</span></font></a></li>

<li class="toclevel-2 tocsection-4"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Tax_cuts"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">2.2</span> <span class="toctext">Tax cuts</span></font></a></li>

</ul>

</li>

<li class="toclevel-1 tocsection-5"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Bill_passage"><span class="tocnumber">3</span> <span class="toctext">Bill passage</span></a>

</font><ul>

<li class="toclevel-2 tocsection-6"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#House"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">3.1</span> <span class="toctext">House</span></font></a></li>

<li class="toclevel-2 tocsection-7"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Senate"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">3.2</span> <span class="toctext">Senate</span></font></a></li>

<li class="toclevel-2 tocsection-8"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Conference"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">3.3</span> <span class="toctext">Conference</span></font></a></li>

<li class="toclevel-2 tocsection-9"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Bill_becomes_law"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">3.4</span> <span class="toctext">Bill becomes law</span></font></a></li>

</ul>

</li>

<li class="toclevel-1 tocsection-10"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Articles_and_resources"><span class="tocnumber">4</span> <span class="toctext">Articles and resources</span></a>

</font><ul>

<li class="toclevel-2 tocsection-11"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#Related_SourceWatch_articles"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.1</span> <span class="toctext">Related SourceWatch articles</span></font></a></li>

<li class="toclevel-2 tocsection-12"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#References"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.2</span> <span class="toctext">References</span></font></a></li>

<li class="toclevel-2 tocsection-13"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#External_resources"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.3</span> <span class="toctext">External resources</span></font></a></li>

<li class="toclevel-2 tocsection-14"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#External_articles"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.4</span> <span class="toctext">External articles</span></font></a></li>

</ul>

</li>

</ul>

</td></tr></tbody></table>

<h3><span class="mw-headline" id="Brief_Summary"><font size="4" face="Times New Roman">Brief Summary</font></span></h3>

<p><font size="4" face="Times New Roman">The American Recovery and Reinvestment Act is a stimulus bill passed into law in February 2009. The $787 billion plan includes a significant package of tax cuts and spending to stimulate the economy and create jobs. <sup id="cite_ref-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-0">[1]</a></sup> "The package also imposes new limits on cash bonuses and other incentive compensation for executives on Wall Street, which are much tougher than those proposed by the Obama administration last week." <sup id="cite_ref-1" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-1">[2]</a></sup> For a total on stimulus spending: see Stimulus Tracker <a rel="nofollow" class="external autonumber" href="http://www.msnbc.msn.com/id/33498869/ns/us_news-the_stimulus_tracker#/all/all/us/all/">[1]</a></font></p>

<h2><span class="mw-headline" id="Details"><font size="4" face="Times New Roman">Details</font></span></h2>

<p><font size="4" face="Times New Roman">The final (conference) version of the American Recovery and Reinvestment Act of 2009 (<a rel="nofollow" class="external text" href="http://www.opencongress.org/bill/111-h1/show">H.R. 1</a>) totals $787 billion in spending and tax cuts over the period of 2009-2019.<sup id="cite_ref-2" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-2">[3]</a></sup> (The earlier House version totaled $819 billion, while the Senate version totaled $838 billion.<sup id="cite_ref-David_M.Herszenhorn_3-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-David_M.Herszenhorn-3">[4]</a></sup>) Lawmakers had estimated the cost of the final package to be $789 billion, but the nonpartisan Congressional Budget Office said the plan would cost a total of $787 billion and increase the federal deficit by $185 billion this year and by $399 billion next year.<sup id="cite_ref-Douglas_W.Elmendorf_4-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Douglas_W.Elmendorf-4">[5]</a></sup></font></p>

<h3><span class="mw-headline" id="Spending"><font size="4" face="Times New Roman">Spending</font></span></h3>

<p><font size="4" face="Times New Roman">The bill provides an estimated $575 billion in appropriations and direct spending. This includes: <sup id="cite_ref-Gannett_News_Service_5-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Gannett_News_Service-5">[6]</a></sup> <sup id="cite_ref-Michael_Grabell_and_Christopher_Weaver_6-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Michael_Grabell_and_Christopher_Weaver-6">[7]</a></sup></font></p>

<ul>

<li><font size="4" face="Times New Roman">Direct aid to people affected by economic downturn

</font><ul>

<li><font size="4" face="Times New Roman">Increase unemployment benefits by $25 per week</font></li>

<li><font size="4" face="Times New Roman">Increase food stamp benefits by 13 percent per month</font></li>

<li><font size="4" face="Times New Roman">60 percent subsidy for up to nine months for those laid off to help cover price of continuing coverage of health care under COBRA</font></li>

<li><font size="4" face="Times New Roman">$4 billion for job training</font></li>

</ul>

</li>

<li><font size="4" face="Times New Roman">Health care

</font><ul>

<li><font size="4" face="Times New Roman">$87 billion in expanded Medicaid coverage to the poor</font></li>

<li><font size="4" face="Times New Roman">$19 billion for updating health information technology</font></li>

</ul>

</li>

<li><font size="4" face="Times New Roman">Education

</font><ul>

<li><font size="4" face="Times New Roman">$500 increase in maximum Pell Grants (to $5,350 in 2009 and $5,550 in 2010) for low-income students</font></li>

<li><font size="4" face="Times New Roman">$54 billion to states and local school districts</font></li>

<li><font size="4" face="Times New Roman">$12 billion for special education</font></li>

<li><font size="4" face="Times New Roman">$1 billion for Head Start</font></li>

</ul>

</li>

<li><font size="4" face="Times New Roman">Infrastructure

</font><ul>

<li><font size="4" face="Times New Roman">$29 billion to modernize roads and bridges</font></li>

<li><font size="4" face="Times New Roman">$18 billion for clean water, flood control and environmental restoration</font></li>

<li><font size="4" face="Times New Roman">$8.4 billion for transit</font></li>

<li><font size="4" face="Times New Roman">$8 billion for high-speed rail</font></li>

<li><font size="4" face="Times New Roman">$7 billion to expand broadband coverage, mostly in rural areas</font></li>

<li><font size="4" face="Times New Roman">$5 billion to improve Defense Department facilities, including housing for troops</font></li>

<li><font size="4" face="Times New Roman">$4.5 billion to make federal office buildings more energy-efficient</font></li>

</ul>

</li>

<li><font size="4" face="Times New Roman">Energy

</font><ul>

<li><font size="4" face="Times New Roman">$30 billion to update power grid</font></li>

<li><font size="4" face="Times New Roman">$6.3 billion to improve energy efficiency in federally-assisted multifamily housing</font></li>

<li><font size="4" face="Times New Roman">$5 billion to weatherize low-income homes</font></li>

</ul>

</li>

</ul>

<h3><span class="mw-headline" id="Tax_cuts"><font size="4" face="Times New Roman">Tax cuts</font></span></h3>

<p><font size="4" face="Times New Roman">The bill provides an estimated $212 billion in tax cuts, including: <sup id="cite_ref-Jeanne_Sahadi_7-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Jeanne_Sahadi-7">[8]</a></sup> <sup id="cite_ref-Stephen_Ohlemacher_8-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Stephen_Ohlemacher-8">[9]</a></sup></font></p>

<ul>

<li><font size="4" face="Times New Roman">One-time payment of $250 to those who receive Social Security or government disability</font></li>

<li><font size="4" face="Times New Roman">Tax credit of up to $400 for individuals who earn less than $75,000 per year, and up to $800 for families who earn less than $150,000 per year</font></li>

<li><font size="4" face="Times New Roman">$8,000 credit for first-time home buyers if home purchased between January 1, 2009 and December 1, 2009</font></li>

<li><font size="4" face="Times New Roman">Tax credit of $2,500 for higher education</font></li>

<li><font size="4" face="Times New Roman">Tax credit of up to $1,500 for homeowners who make homes more energy efficient</font></li>

<li><font size="4" face="Times New Roman">Car buyers can deduct sales tax from taxable income if car purchased in 2009</font></li>

<li><font size="4" face="Times New Roman">24 million people exempted from Alternative Minimum Tax in 2009</font></li>

<li><font size="4" face="Times New Roman">Earned Income Tax Credit expanded to low-income families - that pay no taxes - with three or more children</font></li>

<li><font size="4" face="Times New Roman">Expansion of $1,000 per child tax credit to more low-income families</font></li>

<li><font size="4" face="Times New Roman">The remainder of the tax cuts are geared toward business, with about $20 billion for renewable energy tax credits</font></li>

</ul>

<p><font size="4" face="Times New Roman">The bill also included provisions that would cap executive pay at $500,000, limit bonuses, and eliminate "golden parachutes" at any bank receiving federal money.<sup id="cite_ref-Pallavi_Gogoi_9-0" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-Pallavi_Gogoi-9">[10]</a></sup></font></p>

<h2><span class="mw-headline" id="Bill_passage"><font size="4" face="Times New Roman">Bill passage</font></span></h2>

<h3><span class="mw-headline" id="House"><font size="4" face="Times New Roman">House</font></span></h3>

<p><font size="4" face="Times New Roman">The House took up consideration of H.R. 1 on January 27, 2009 and proceeded to makes changes to the original proposal. Among the modifications were:</font></p>

<ul>

<li><font size="4" face="Times New Roman">The removal of a provision to increase Medicaid family planning coverage. Republicans argued that the provision did not qualify as economic stimulus.<sup id="cite_ref-10" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-10">[11]</a></sup></font></li>

<li><font size="4" face="Times New Roman">The removal of $200 million in proposed spending to renovate the National Mall.<sup id="cite_ref-11" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-11">[12]</a></sup></font></li>

<li><font size="4" face="Times New Roman">An amendment sponsored by <a href="http://www.sourcewatch.org/index.php/Jerrold_Nadler" title="Jerrold Nadler" class="mw-redirect">Jerrold Nadler</a> (D-N.Y.) increasing funding for mass transit by $3 billion, which passed on a voice vote.<sup id="cite_ref-12" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-12">[13]</a></sup><sup id="cite_ref-13" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-13">[14]</a></sup></font></li>

</ul>

<p><font size="4" face="Times New Roman">

The House also rejected the following three amendments:</font></p>

<ul>

<li><font size="4" face="Times New Roman">An amendment by Rep. <a href="http://www.sourcewatch.org/index.php/Randy_Neugebauer" title="Randy Neugebauer">Randy Neugebauer</a> (R-Texas) that would have stricken out all of the appropriations measures from the bill.<sup id="cite_ref-14" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-14">[15]</a></sup> This amendment was defeated by a vote of 302-134.</font></li>

</ul>

<p><font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="house" rollcall="42" /></font>

<font size="4" face="Times New Roman">

&nbsp;</font></p>

<ul>

<li><font size="4" face="Times New Roman">An amendment by Rep. <a href="http://www.sourcewatch.org/index.php/Jeff_Flake" title="Jeff Flake">Jeff Flake</a> (R-Ariz.) that would have taken out funding for Amtrak.<sup id="cite_ref-15" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-15">[16]</a></sup> This amendment was defeated by a vote of 320-116.</font></li>

</ul>

<p><font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="house" rollcall="43" /></font>

<font size="4" face="Times New Roman">

&nbsp;</font></p>

<ul>

<li><font size="4" face="Times New Roman">An amendment by Rep. <a href="http://www.sourcewatch.org/index.php/Dave_Camp" title="Dave Camp">Dave Camp</a> (R-Mich.) in the form of a substitute that proposed an economic package consisting mainly of tax breaks.<sup id="cite_ref-16" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-16">[17]</a></sup><sup id="cite_ref-17" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-17">[18]</a></sup> This amendment was defeated by a vote of 266-170.</font></li>

</ul>

<p><font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="house" rollcall="44" /></font>

<font size="4" face="Times New Roman">

&nbsp;</font>

<font size="4" face="Times New Roman">

The amended bill passed the House on January 28, 2009 by a vote of 244-188. No Republican voted in favor of the bill.</font>

<font size="4" face="Times New Roman">

<usvoteinfo year="2009" chamber="house" rollcall="46" /></font></p>

<h3><span class="mw-headline" id="Senate"><font size="4" face="Times New Roman">Senate</font></span></h3>

<p><font size="4" face="Times New Roman">The Senate received H.R. 1 on January 29, 2009 and proceeded to develop its own version of the legislation. After a week of discussions and amendments increased the size of the bill to an estimated $900 billion, negotiations began to center on a group of Senators, led by <a href="http://www.sourcewatch.org/index.php/Susan_Collins" title="Susan Collins">Susan Collins</a> (R-Maine) and <a href="http://www.sourcewatch.org/index.php/Ben_Nelson" title="Ben Nelson">Ben Nelson</a> (D-Neb.), who sought to make $100 billion in cuts to the proposal.<sup id="cite_ref-18" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-18">[19]</a></sup> An agreement was eventually announced on February 6, 2009.<sup id="cite_ref-19" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-19">[20]</a></sup> The following day an amended version of the bill, co-sponsored by Senators Collins and Nelson, was introduced in the Senate.<sup id="cite_ref-20" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-20">[21]</a></sup></font>

<font size="4" face="Times New Roman">Cloture was invoked on the Collins-Nelson amendment on February 9, 2009 by a vote of 61-37.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="Senate" rollcall="59" /></font>

<font size="4" face="Times New Roman">

Two more votes were required to pass the Collins-Nelson version of the bill. Both took place on February 10, 2009. First, the Senate voted to waive pay-as-you-go budget rules with respect to the amendment by a vote of 61-37.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="Senate" rollcall="60" /></font>

<font size="4" face="Times New Roman">

Finally, the Senate passed the amended bill by a vote of 61-37, sending it into conference with the House.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="Senate" rollcall="61" /></font></p>

<h3><span class="mw-headline" id="Conference"><font size="4" face="Times New Roman">Conference</font></span></h3>

<p><font size="4" face="Times New Roman">After a day of intense negotiations, House and Senate leaders came to an agreement on February 11, 2009.<sup id="cite_ref-21" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-21">[22]</a></sup> A few additional changes were made on February 12, 2009, after which the text of the final version of the bill was posted online at 10:45 p.m.<sup id="cite_ref-22" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-22">[23]</a></sup> The negotiations reduced the size of the bill to $787 billion, smaller than either the House or the Senate versions.<sup id="cite_ref-23" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-23">[24]</a></sup><sup id="cite_ref-24" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-24">[25]</a></sup></font>

<font size="4" face="Times New Roman">Both chambers passed the conference version of the bill on February 13, 2009.</font>

<font size="4" face="Times New Roman">In the House, the vote was 246-183. As in the first House vote, no Republican voted for the bill.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="House" rollcall="70" /></font>

<font size="4" face="Times New Roman">

The Senate voted first to waive pay-as-you-go budget rules by a tally of 60-38.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="Senate" rollcall="63" /></font>

<font size="4" face="Times New Roman">

Then the Senate approved final passage of the bill by the same margin of 60-38.</font>

<font size="4" face="Times New Roman"><usvoteinfo year="2009" chamber="Senate" rollcall="64" /></font></p>

<h3><span class="mw-headline" id="Bill_becomes_law"><font size="4" face="Times New Roman">Bill becomes law</font></span></h3>

<p><font size="4" face="Times New Roman">President Obama signed the bill into law on February 17, 2009.<sup id="cite_ref-25" class="reference"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_note-25">[26]</a></sup></font></p>

<h2><span class="mw-headline" id="Articles_and_resources"><font size="4" face="Times New Roman">Articles and resources</font></span></h2>

<h3><span class="mw-headline" id="Related_SourceWatch_articles"><font size="4" face="Times New Roman">Related SourceWatch articles</font></span></h3>

<ul>

<li><a href="http://www.sourcewatch.org/index.php/Clean_Coal" title="Clean Coal"><font size="4" face="Times New Roman" color="#000000">Clean Coal</font></a></li>

<li><a href="http://www.sourcewatch.org/index.php/New_America_Media" title="New America Media"><font size="4" face="Times New Roman" color="#000000">New America Media</font></a></li>

</ul>

<h3><span class="mw-headline" id="References"><font size="4" face="Times New Roman">References</font></span></h3>

<ol class="references">

<li id="cite_note-0"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-0">↑</a> <span class="reference-text"><a rel="nofollow" class="external text" href="http://news.bbc.co.uk/2/hi/business/7889897.stm">"US Congress Passes Stimulus Plan,"</a>, "BBC News," February 14, 2009.</span></font></li>

<li id="cite_note-1"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-1">↑</a> <span class="reference-text">Id.</span></font></li>

<li id="cite_note-2"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-2">↑</a> <span class="reference-text">Open Congress' info page on <a rel="nofollow" class="external text" href="http://www.opencongress.org/bill/111-h1/show">American Recovery and Reinvestment Act of 2009</a></span></font></li>

<li id="cite_note-David_M.Herszenhorn-3"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-David_M.Herszenhorn_3-0">↑</a> <span class="reference-text">David M. Herszenhorn, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/11/washington/11web-stim.html">"Senate Approves Stimulus Plan,"</a> The New York Times, February 10, 2009</span></font></li>

<li id="cite_note-Douglas_W.Elmendorf-4"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Douglas_W.Elmendorf_4-0">↑</a> <span class="reference-text">Douglas W. Elmendorf, <a rel="nofollow" class="external text" href="http://cboblog.cbo.gov/?p=208">"Conference Agreement for H.R. 1 (the American Recovery and Reinvestment Act of 2009),"</a> Congressional Budget Office Director’s Blog, February 13, 2009</span></font></li>

<li id="cite_note-Gannett_News_Service-5"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Gannett_News_Service_5-0">↑</a> <span class="reference-text">Gannett News Service, <a rel="nofollow" class="external text" href="http://www.freep.com/article/20090213/NEWS15/90213102">"What's in the stimulus package,"</a> Detroit Free Press, February 13, 2009</span></font></li>

<li id="cite_note-Michael_Grabell_and_Christopher_Weaver-6"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Michael_Grabell_and_Christopher_Weaver_6-0">↑</a> <span class="reference-text">Michael Grabell and Christopher Weaver, <a rel="nofollow" class="external text" href="http://www.propublica.org/special/the-stimulus-plan-a-detailed-list-of-spending#stim_states">"The Stimulus Plan: A Detailed List of Spending,"</a> ProPublica.org, February 13, 2009</span></font></li>

<li id="cite_note-Jeanne_Sahadi-7"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Jeanne_Sahadi_7-0">↑</a> <span class="reference-text">Jeanne Sahadi, <a rel="nofollow" class="external text" href="http://money.cnn.com/2009/02/13/news/economy/stimulus_individuals/index.htm?postversion=2009021319">"Stimulus: How it may affect your wallet,"</a> CNNMoney.com, February 13, 2009</span></font></li>

<li id="cite_note-Stephen_Ohlemacher-8"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Stephen_Ohlemacher_8-0">↑</a> <span class="reference-text">Stephen Ohlemacher, <a rel="nofollow" class="external text" href="http://www.google.com/hostednews/ap/article/ALeqM5g3RUOkVcgct-J1jZh7MErQIu5iaAD96ADLV00">"Stimulus bill offers workers, businesses tax cuts,"</a> The Associated Press, February 12, 2009</span></font></li>

<li id="cite_note-Pallavi_Gogoi-9"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-Pallavi_Gogoi_9-0">↑</a> <span class="reference-text">Pallavi Gogoi,<a rel="nofollow" class="external text" href="http://www.usatoday.com/money/companies/management/2009-02-16-salary-caps_N.htm">"Stimulus bill's CEO salary caps affect small banks, too"</a> USA Today, February 16, 2009</span></font></li>

<li id="cite_note-10"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-10">↑</a> <span class="reference-text">Jackie Calmes and Carl Hulse, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/01/28/us/politics/28obama.html">"Obama, Visiting G.O.P. Lawmakers, Is Open to Some Compromise on Stimulus"</a>, <i>New York Times</i>, January 27, 2009.</span></font></li>

<li id="cite_note-11"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-11">↑</a> <span class="reference-text">Jackie Calmes and Carl Hulse, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/01/28/us/politics/28obama.html">"Obama, Visiting G.O.P. Lawmakers, Is Open to Some Compromise on Stimulus"</a>, <i>New York Times</i>, January 27, 2009.</span></font></li>

<li id="cite_note-12"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-12">↑</a> <span class="reference-text">Elana Schor, <a rel="nofollow" class="external text" href="http://tpmdc.talkingpointsmemo.com/2009/01/mass-transit-scores-big-win-in-house-stimulus.php">"Mass Transit Scores Big Win in House Stimulus"</a>, <i>TPMDC</i>, January 28, 2009.</span></font></li>

<li id="cite_note-13"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-13">↑</a> <span class="reference-text">Text of <a rel="nofollow" class="external text" href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HZ00015:">H.AMDT.15</a> from Thomas.</span></font></li>

<li id="cite_note-14"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-14">↑</a> <span class="reference-text">Text of <a rel="nofollow" class="external text" href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HZ00016:">H.AMDT.16</a> from Thomas.</span></font></li>

<li id="cite_note-15"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-15">↑</a> <span class="reference-text">Text of <a rel="nofollow" class="external text" href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HZ00018:">H.AMDT.18</a> from Thomas.</span></font></li>

<li id="cite_note-16"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-16">↑</a> <span class="reference-text">Liz Sidoti, <a rel="nofollow" class="external text" href="http://www.google.com/hostednews/ap/article/ALeqM5hEx3tiPJhZQLVqjNmHR_oP6FZMuwD960HE881">"House OKs $819B stimulus bill with GOP opposition"</a>, <i>The Associated Press</i>, January 28, 2009.</span></font></li>

<li id="cite_note-17"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-17">↑</a> <span class="reference-text">Text of <a rel="nofollow" class="external text" href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HZ00022:">H.AMDT.22</a> from Thomas.</span></font></li>

<li id="cite_note-18"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-18">↑</a> <span class="reference-text">Carl Hulse, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/06/us/politics/06gang.html">"A Diverse Group of Senators at Center Stage in Economic Debate"</a>, <i>New York Times</i>, February 5, 2009.</span></font></li>

<li id="cite_note-19"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-19">↑</a> <span class="reference-text">Carl Hulse and David M. Herszenhorn, [<a rel="nofollow" class="external free" href="http://www.nytimes.com/2009/02/07/us/politics/07stimulus.html?pagewanted=all">http://www.nytimes.com/2009/02/07/us/politics/07stimulus.html?pagewanted=all</a> "Senators Reach Deal on Stimulus Plan as Jobs Vanish", <i>New York Times</i>, February, 6, 2009.</span></font></li>

<li id="cite_note-20"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-20">↑</a> <span class="reference-text">Thomas' info page on <a rel="nofollow" class="external text" href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR00001:@@@S">H.R. 1</a>.</span></font></li>

<li id="cite_note-21"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-21">↑</a> <span class="reference-text">David M. Herszenhorn and Carl Hulse, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/12/us/politics/12stimulus.html?_r=1">""</a>, <i>New York Times</i>, February 11, 2009.</span></font></li>

<li id="cite_note-22"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-22">↑</a> <span class="reference-text">David M. Herszenhorn, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/13/us/politics/13stimulus.html">"Even After the Deal, Tinkering Goes On"</a>, <i>New York Times</i>, February 12, 2009.</span></font></li>

<li id="cite_note-23"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-23">↑</a> <span class="reference-text">David M. Herszenhorn and Carl Hulse, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/13/us/politics/13stimulus-web.html?_r=1">"Details of a Trimmer Stimulus Emerge"</a>, <i>New York Times</i>, February 12, 2009.</span></font></li>

<li id="cite_note-24"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-24">↑</a> <span class="reference-text">David M. Herszenhorn, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/14/us/politics/14web-stim.html">"Recovery Bill Gets Final Approval"</a>, <i>New York Times</i>, February 13, 2009.</span></font></li>

<li id="cite_note-25"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=American_Recovery_and_Reinvestment_Act_of_2009#cite_ref-25">↑</a> <span class="reference-text">Sheryl Gay Stolberg, <a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/02/18/us/politics/18web-stim.html">"Signing Stimulus, Obama Doesn’t Rule Out More"</a>, <i>New York Times</i>, February 17, 2009.</span></font></li>

</ol>

<h3><span class="mw-headline" id="External_resources"><font size="4" face="Times New Roman">External resources</font></span></h3>

<ul>

<li><font size="4" face="Times New Roman"><a rel="nofollow" class="external text" href="http://topics.nytimes.com/topics/reference/timestopics/subjects/u/united_states_economy/economic_stimulus/index.html">"Times Topics: Economic Stimulus,"</a> NYTimes.com</font></li>

<li><a rel="nofollow" class="external text" href="http://www.shovelwatch.org/"><font size="4" face="Times New Roman" color="#000000">"ShovelWatch"</font></a></li>

</ul>

<h3><span class="mw-headline" id="External_articles"><font size="4" face="Times New Roman">External articles</font></span></h3>

<ul>

<li><font size="4" face="Times New Roman"><a rel="nofollow" class="external text" href="http://www.propublica.org/special/the-stimulus-bills-house-vs.-senate">"The Stimulus Bills: House vs. Senate"</a>, <i>ProPublica</i>, February 10, 2009.</font></li>

<li><font size="4" face="Times New Roman"><a rel="nofollow" class="external text" href="http://www.propublica.org/article/state-by-state-breakdown-of-the-economic-stimulus-plan-090217">"State-by-State Breakdown of the Economic Stimulus Plan?"</a>, <i>ProPublica</i>, February 17, 2009.</font></li>

<li><font size="4" face="Times New Roman">Richard Gootee, "<a rel="nofollow" class="external text" href="http://www.indystar.com/apps/pbcs.dll/article?AID=/20090403/LOCAL/904030364">Indiana companies eye stimulus funds for 'clean coal': Lawmakers and state official say they'll help Hoosier efforts</a>," <i>The Indianapolis Star</i> (Indiana), April 3, 2009.</font></li>

</ul>

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