Notice is a historical project of the Committee for a Responsible Federal Budget, which tracked the money spent by the 2009 stimulus bill. This site is not regularly updated.

Automaker Loans for Energy Efficiency

September 25, 2008
Economic Target: 
Action Type: 
Maximum Amount: 
$25.00 billion
Amount Spent: 
$8.00 billion
Deficit Impact: 
$7.51 billion

Loans to automakers, provided under the ‘Advanced Technology Vehicles Manufacturing Incentive Program,' to retool factories and perform other activities related to producing “advanced technology vehicles” with better fuel economy performance.


Deficit impact based upon net-present value of loans authorized. Total loans might equal less than $25 billion, since the risk of default appears to have increased. It is unknown how much has been issued in loans so far.

Website Design and Development, Washington DC