Timothy F. Geithner, the new Secretary of the Treasury made an “oops” [President Obama labeled it a "common mistake"] from 2001-2004 when, by some “oversight,” he failed to pay the IRS about $34,000. So, if a large percentage of taxpayers were provided this tax break, even over a period of two-three years, wouldn’t that help?
And because I’m such the creative procrastinator when it comes to grading, I thought I’d browse through the bailout plan. I discovered one does not browse through 647 pages that explain spending over $800 billion dollars. By page 46, I was cross-eyed from counting commas and zeroes in money allocated.
But, for your amusement, and to justify the time I spent, I’ll share a few of the gems I found 
in the $817 billion package:
- $208 million has been appropriated until 2013 for the Inspectors General of various government agencies for oversight and audit of the money allocated
- $209 million for deferred maintenance at Agricultural Research Services facilities
- $245 million for salaries and expenses to maintain and modernize information technology systems at the Farm Service Agency
- $100 million to the Supplemental Nurition Program for Women, Infancts, and Children
- $100 million to Emergency Food Assistance for costs associated with the distribution of commodities
- $150 million to states to cover the administration expenses of adminstering the $100 million mentioned directly above
- $400 million to National Oceanic and Atmospheric for habitat restoration and mitigation
- $140 million for accelerating satellite development and acquisitions, acquiring climate sensors, and establishing climate data records
- $4.5 billion to the Army to improve, repair, and modernize barracks
- $400 million to NASA to develop Earth Science climate research
- $13 billion to education
Related posts:
- You can relax now…the wooden arrows are included in the bailout bill
- Coaching means never having to say you’re sorry
- Suit yourself with a T-shirt
