Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
The Obama economy in 10 charts President Obama came to office in January 2009 in the midst of the Great Recession. Much has turned around since then, but he's been criticized for a slow recovery. More
Best Jobs in America CNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. More
Top-paying jobs Anesthesiologists take home a median $335,000 in salary and bonus annually. What other great careers from CNNMoney and PayScale.com's list of Best Jobs in America offer hefty paychecks? More

Special Offer