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Education

Date: 
February 17, 2009
Who: 
Economic Target: 
Action Type: 
Maximum Amount: 
$103.00 billion
Amount Spent: 
$97.36 billion
Deficit Impact: 
$103.00 billion

Provisions are part of the $787 billion "American Recovery and Reinvestment Act of 2009," a set of policies designed to mitigate the effects of the economic crisis. The act contains significant spending for direct worker assistance, infrastructure, healthcare, education, aid to states, and other areas, and tax breaks for individuals and corporations.

Education Spending (in millions of dollars)                        
Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2009-2019
Employment and Training 613 2,226 1,224 242 0 0 0 0 0 0 0 4,305
Education for the Disadvantaged 494 6,210 5,776 520 0 0 0 0 0 0 0 13,000
State Fiscal Stabilization 6,540 28,377 16,070 2,363 250 0 0 0 0 0 0 53,600
Special Education 732 5,734 5,124 610 0 0 0 0 0 0 0 12,200
Student Financial Assistance 917 14,572 1,056 15 0 0 0 0 0 0 0 16,560
Other Education 207 1,078 624 203 12 0 0 0 0 0 0 2,124
Other, Title VIII 540 324 283 237 155 4 4 2 0 0 0 1,549
Totals 10,043 58,521 30,157 4,190 417 4 4 2 0 0 0 103,338

 

Notes: 

Positive numbers in table indicate spending, negative numbers indicate savings or revenue. Maximum amount is taken from CBO's calculation of budget authority over the 2009-2019 period. Deficit impact is taken from CBO's deficit impact calculation for 2009-2019. Amount spent as of 11/3/2012.

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