Skip to main content
  1. Life
  2. Education & Schools
  3. Education Policies

How the stimulus pie is cut in Colorado

Whatever your economic beliefs about government spending, or your political feelings about President Obama, there's no denying that the federal stimulus has - and will - pump lots of money into Colorado.

The stimulus bureaucrats in the governor's office have been toting up the money - as they're required to do by federal bureaucrats - and recently reported what they calculated.

It's estimated that Colorado and its residents are due to receive about $5.5 billion in stimulus money and benefits over the three-year life of the American Recovery and Reinvestment Act.

A little over $1 billion of that is in tax cuts and Social Security payments for individuals. More than $600 million is for unemployment benefits and job training, and nearly $850 million is for health care, such as Medicaid.

Education stimulus spending in the state adds up to about $1.1 billion, more than half of which is going to the state's public colleges and universities to replace state support that's been cut.

Interestingly, only about $1.2 billion of the grand total has been spent, meaning the impact of most of those dollars is yet to be felt.

Get the details on school and college stimulus spending from Education News Colorado.
 

Comments

Advertisement

Life

  • Tom Petty
    Seven overlooked videos that prove the genius of Tom Petty and the Heartbreakers
    Today's Buzz
  • Gaylord Pickens
    Discover Gaylord-Pickens Oklahoma Heritage Museum dollar days
    Camera
    6 Photos
  • Yoga poses
    Learn how to strengthen your core muscles with these yoga poses
    Camera
    5 Photos
  • Baby boomer STD rates
    Sexually transmitted diseases: Baby boomers booming STD rates
    Camera
    7 Photos
  • Open relationships
    Are you thinking about exercising your option to be in an open relationship?
    Camera
    5 Photos
  • Medical symptoms
    See which symptoms should cause you to seek a doctor’s attention right away
    Camera
    6 Photos