How stimulus affects you

Where the $819 billion will - and won't - show up in your life.

1 of 7
BACKNEXT
What we're talking about
What we're talking about
Obama and his economic team are pushing hard for hundreds of billions of dollars in government spending and tax cuts to boost the economy.
Now that the House has approved over $800 billion to juice the economy, it's clear that some of the money will quickly and directly affect most Americans' lives, while other spending is intended to produce either longer-term, less tangible benefits or is targeted at narrower segments of the population such as the unemployed.

Although the sum is huge, the money isn't intended to turn the economy around, but to keep it from falling even further into decay.

Detractors say spending on stimulus will do little more than drive the country deeper into debt. Many Republicans are arguing for a plan heavier on tax cuts and lighter on government spending. They'll push those ideas when the plan is debated in the Senate.

But supporters - including most Democrats and President Obama - say it would ultimately cost the United States more - in the form of lost jobs, economic output and lost tax revenue - to delay. They want the plan enacted quickly.

Here's how some of the billions in the House stimulus bill could change your life.

This is not a complete list of the spending, and the numbers are approximate and will likely change before any bill is enacted.
NEXT: Your paycheck
Last updated January 30 2009: 12:56 PM ET
More Galleries
12 biggest tax scams to avoid There's no end to the creative ways scammers will try to steal your identity and your money. And tax time is one of their favorite times of the year. Here's how to spot a top scam and protect yourself. More
Public colleges with the best bang for your buck Graduates with bachelor's degrees from these state schools see the biggest return on their college investment, according to a report from PayScale. More
Cool cars from the 2015 Geneva Motor Show These are some of the stand-out cars and trucks on display at the 2015 Geneva Motor Show. More

Special Offer