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Atrium Windows-compliant with Tax Credit requirements: Click link below
http://www.hoppersupply.com/data/TaxCreditAtrium.pdf
Therma-Tru Doors-compliant with Tax Credit requirements: Click link below
http://www.hoppersupply.com/data/TaxCreditThermaTru.pdf
I’m sure you’ve heard by now that the House of Representatives passed Obama’s economic stimulus plan.
Not a single Republican voted for the plan which didn’t matter as
Democrats hold a vast majority in the House. Senate still has to pass
the bill, which I suspect will end up changing a lot as the Democratic
majority is a lot slimmer in Senate. (In fact I suspect the House
Democrats padded the bill knowing it would be trimmed by Senate).
The plan comprises $604 billion in
spending and $212 billion in tax cuts over the next ten years, though
most of the spending will take place over the next three years.
Here are some of the details of the House plan:
Tax Relief - Tax cuts
of $212 billion including a tax credit of $500 per worker and $1000 per
couple. This phases out at incomes of $75,000 and $150,000
respectively.
Out of Work Benefits -
$38 billion to extend unemployment benefits an additional 11 months,
provide job training, and add an additional $25/week in unemployment
benefits. Another $20 billion would go toward increasing food stamp
benefits and $7.5 billion for Supplemental Security Income.
Health Care - Health
care insurance would be subsidized with $40 billion for unemployed; $87
billion to help states pay for Medicaid costs; $20 billion to modernize
health care information technology systems; preventive care gets $4
billion; $1.5 billion for community healthcare centers; $420 million to
fight avarian flu; and $335 to combat AIDS, STD’s, and tuberculosis.
Energy - About $50
billion for projects ranging from advanced car batteries to a Clean
Coal Power initiative to modernizing the electric power grid to making
federal building more energy efficient.
Education - Funding
would increase by $92 billion with about $17 billion for Pell grants.
$20 billion would renovate public schools. About $30 billion would go
to elementary and secondary school programs.
Technology - About $3
billion to be spent on expanding broadband internet service in rural
areas. Another $3 billion in grants for science and technology
research.
Transportation and Urban Development
- $30 billion towards highway construction; $11.1 billion in HUD
housing assistance; $5.3 billion as state grants for community
development.
It will be interesting
to see how the plan finally works itself out after Senate has their way
with it. If it goes through we could see it signed in mid-February.