We buy houses | Sell my house | Sell your home
We Will Buy Your House or Find Someone Who Will
Servicing Minnesota | Minneapolis | St. Paul
612.296.8517
We buy houses, in any condition
*Inheritance - Real Estate Probate *Divorce *Job Relocation
*Bad Tenants *Repairs or updating *Behind in Payments
*Foreclosures *Short Sale Purchase
Fed Stimulus Package Has Something for Everyone
$825 Billion. $825,000,000,000.
As you probably heard Thursday, Democrats in Congress gave us a first formal look at the proposed stimulus package.
The scary thing is the amount of money we will spend and what exactly we are spending it on. We also have to keep in mind that Somehow, in the future, we have to pay for this monster. The current economic problems are so great that most feel it would be worse doing nothing than going into debt to help put people back to work. Remember, the unemployment rate hit 7.2 percent last month and is expected to go higher.
So that brings us to that all important question how much and where do we spend to grow our economy and end this nightmare.
Here are a few highlights:
Energy: $58 billion. This includes renewable energy tax credits and money to modernize our electricity grid as well as weatherize low and moderate-income homes. The tax credits will help make green energy more attractive with fuel prices falls. The upgrades to our electric grid and homes will put tens of thousands of people to work and help us conserve energy to boot.
Infrastructure: $90 billion. This includes money for highway construction, rail and mass transit projects, modernizing federal buildings and upgrading our water systems.
Aid to the poor and unemployed: $102 Billion. This includes an increase and extension for unemployment benefits, an increase in food stamp benefits and subsidies to help with Medicaid and health insurance.
There are also tens of billions of dollars for education, housing, science and technology and tax cuts for individuals and businesses.
And this is only the starting point. Many observers expect the final price tag to go higher before being sent to the President’s desk in February. Stay with us next week as we start taking a closer look at some of the numbers and what they mean for ordinary people.
If you have ideas on what should be in this bill, now is the time to call or write your senator or representative. You can use the contract list found here to get their phone number and email address. Remember, they work for you. So give them a ring and let them know what you think.
2009 affordable condos twin cities estate minnesota employment rate Minneapolis Association of Realtors Maple Grove real estate investment golden valley Home Buying home market home prices Hope Now Alliance housing housing recovery HOUSING STIMULUS inspiration from movies jobless claims john burns kipling St. Paul real estate loan applications loan modifications EDINA real estate love guru lower rates low mortgage rates market bottom mortgage rates NAR Champlin hennepin county plymouth ramsey real estate positivity reasons to buy a home now richfield real estate bloomington real estate robbinsdale real estate lake calhoun real estate stimulus Uptown Minneapolis Fast Solutions Southwest real estate Wealth Investing duplex Positive real estate rehabilitation inver grove heights REVITILIZATION strong communities FHA
We buy houses | Sell my house | Sell your home
