White House: What Stimulus Plan Means for Florida

Wed, February 04, 2009 - 3:25 PM

The White House has just released some details of how it says President Barack Obama’s economic stimulus plan would impact specific states.

There will be “immediate, tangible impacts” for Florida, it says, such as:

-- Creating or saving 218,300 jobs over the next two years. Jobs created will be in a range of industries from clean energy to health care, with over 90 percentin the private sector.

-- Providing a "making work pay" tax cut of up to $1,000 for 6,890,000 workers and their families.

-- Making 195,000 families eligible for a new American Opportunity Tax Credit to make college affordable.

-- Offering an additional $100 per month in unemployment insurance benefits to 761,000 workers in Florida who have lost their jobs in this recession, and providing extended unemployment benefits to an additional 170,000 laid-off workers.

-- Providing funding sufficient to modernize at least 485 schools in Florida so our children have the labs, classrooms and libraries they need to compete in the 21st century economy.

-- Billy House, Media General News Service