Monday, January 26, 2009

NC Slotted for $15.98 Billion of Proposed Stimulus Maximus



The new national stimulus plan introduced by Reps. Obey and Rangel contains funding for infrastructure projects and investment in energy, among other spending. Two-thirds of the funding monies are to be allocated to the States.

This map shows state-by-state allocations for the aspects of the plan for which we could establish where the money is going. This constitutes 66 percent of the total cost of the package. The map also shows the proportion of the funds that will help each state balance their budgets rather than providing additional funding for specific programs.

Of note: Almost twelve percent of North Carolina's $15.98 billion share of the stimulus is to balance its budget.

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