Recovery Plan - Bay Area
Job Creation
California has been one of the states hardest hit by this economic downturn. Unemployment is at 9.3 percent and over 1.7 million Californians looking for work.
This urgently needed package will create or save:
--- Almost 400,000 jobs in California
--- Over 80,000 jobs in the Bay Area
--- Around 7,000 jobs in the 7th Congressional District
This job creation package will rebuild America, making us more globally competitive and energy independent, and transforming our economy for long-term growth; give American workers an immediate tax cut; and invest quickly in the economy.
Education
The bill provides for $13 billion in Title I funding – which goes to school districts to help educate low-income students – and $12.2 billion in IDEA funding to help districts educate students with disabilities.
School Districts in the 7th Congressional District will receive an estimated $33 million for these two programs. Curious about other school districts in California? The estimates are here.
Over 744,000 California students will benefit from an increase in Pell Grants and as many as 522,000 Californians will benefit from the College Tax Credit. A well-trained, college-educated workforce is key to a strong American economy and middle class. Read more about Higher Education Funding
California
California is projected to receive over $26 billion in economic recovery funding from the Recovery bill. This includes at least $10 Billion in funding for Medi-Cal to help millions of Californians access health care. It also includes funding for public services, funds for job training programs and money to rebuild and repair our roads and bridges.
Estimate of all funds for California.
We still have a long way to go rescue our economy – including unfreezing the credit markets and solving the housing crisis. But the recovery act is a necessary and critical first step to start us down the right path.
Posted by Peake, Amy at 09:50PM | | Comments ()
