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Old 05-08-2009, 04:08 PM
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What is the cost of the American Recovery & Reinvestment Act of 2009?

The Government is estimating that the projected cost of this act would be approximately $800 billion in order to fund the programs outlined in this act.

Here are the main areas making up the cost of the act;

1. $300 billion in tax cuts for individuals and businesses.

2. $250 billion will go to fund state and local governments.

3. $150 billion towards various kinds of infrastructure spending.

4. $100 billion in income support for unemployed individuals.

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