Economic stimulus package contains $131 billion for construction
The $789-billion economic stimulus package passed by the House and Senate Appropriations Committee on Friday includes an estimated $131 billion for construction-related spending. A more precise number can’t be determined because some capital-spending funding in the bill can be used to purchase equipment as well as to fund construction–transit is one example, according to Engineering News Record.
There was no specific line item for school construction but states could use school stabilization allotments on school modernization. $39.5 billion of the bill’s $53.6-billion State Fiscal Stabilization Fund would go to local school districts.
A more detailed breakdown by sector is at ENR:
Transportation - $49.3 Billion
Defense/Veterans - $7.78 Billion
Housing/HUD - $9.6 Billion
Schools - No specific line item, but $39.5 billion of the bill’s $53.6-billion state fiscal stabilization fund would go to local school districts, and school modernization would be one of several eligible uses for that $39.5 billion.
Energy - $30.62 Billion
Government Buildings - $13.365 Billion
Water and Environment - $20.1 Billion
Source: Engineering News Record