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Key points of US stimulus plan

Herewith are the main details of the bill aimed at creating or preserving up to 3.5 million jobs:

· Roughly one-third of the measure is in the form of tax cuts, totaling 286 billion dollars, in an effort to boost consumer spending, a key engine of the world’s largest economy.

An estimated 95 percent of US households would receive a tax cut; 400 dollars for individuals and 800 dollars for families in 2009 and 2010.

· A total of 120 billion dollars would be allocated to infrastructure and science investment.

· Within infrastructure spending, 7.2 billion dollars would be spent to improve access to high-speed Internet, especially in under-served areas of the United States.

· Some 19.9 billion dollars would be allocated for renewable energy projects, including 13.1 billion to extend a tax credit for installation of alternative energy.

· 11 billion dollars would be spent to upgrade the US electric power grid.

· Some 43.7 billion dollars would go to social service programs, including 26.9 billion to extend emergency unemployment insurance.

· In transportation spending, road projects would get 27.7 billion dollars and public transit 8.4 billion.

· The health care sector would see 19 billion dollars dedicated for new technologies.

· Education spending would amount to 105.9 billion dollars including aid to states of 53.6 billion to finance school building or renovation.

· Some 14.5 billion dollars would go for environmental projects including cleanup of former weapons production and energy research sites, and drinking water infrastructure improvements.

· Public housing would get nearly 10 billion dollars including four billion for capital improvement.