Rep. Perlmutter Votes for Reinvestment in American Infrastructure Priorities
Perlmutter Amendment Invests $3 Billion More for Transit Priorities
January 28, 2009
Today, U.S. Rep. Ed Perlmutter (CO-07) voted with a majority of his colleagues in the House of Representatives to approve a historic reinvestment plan to jumpstart our economy, put millions of Americans back to work, and provide much needed tax relief to small businesses and hard working Americans in the middle who are feeling the squeeze of the recent economic downturn.
Perlmutter stated, “Over the last year, our nation has slipped further into a serious economic downturn. These are tough times for most of us. Many Americans are losing their jobs and their savings; businesses are failing and homes are being foreclosed. Today, Congress took a bold step to try to stabilize our economy by passing a historic bill providing tax relief to nearly every working American, creating or saving more than three million jobs, and laying the foundation for long-term economic growth in energy, transportation, technology and healthcare. This is a step in the right direction to putting our country’s economy back on track.”
Included within H.R. 1, the American Economic Recovery and Reinvestment Plan, is an amendment Perlmutter co-sponsored with Rep. Jerrold Nadler, investing an additional $3 billion for transit priorities bringing total transit funding in the bill to $12 billion.
“Transit priorities are critical to our nation’s economic recovery. Maintenance of and new transit priorities will create jobs, move people efficiently to their jobs, and help our climate,” stated Perlmutter. “With this additional capital, under existing transit funding formulas RTD in Colorado is eligible to receive a significant increase.”
Below are Colorado-specific numbers from the Act:
Program
FY2009
FY2010
FY2011
Total
Jobs Saved
State Fiscal Stabilization Fund
$495,058,000
$495,058,000
$990,116,000
1,982
Title 1 – Education Funds
$63,109,000
$63,109,000
$126,218,000
517
Individuals with Disabilities Act
$78,972,000
$95,746,000
$174,718,000
647
Technology – State Grants
$5,303,482
$5,303,482
$10,606,963
Head Start
$4,073,563
$4,073,563
$8,147,127
Child Care and Development Block Grant
$12,156,152
$12,156,152
$24,312,304
Community Services Block Grant
$4,342,676
$4,342,676
$8,865,352
Low Income Energy Assistance
$15,626,828
Elderly Nutrition Services
$1,357,977
$1,357,977
$2,715,954
Preventive Health and Health Services Block Grant
$1,919,887
$1,919,887
$3,839,774
State Medicaid Costs
$227,926
$413,516
$214,193
$855,635,000
Education Modernization, Renovation & Repair
$136 million
$90 million
$226 million
Education Technology Grants
$5.3 million
$5.3 million
$10.6 million
Other Colorado-specific numbers include:
Pell Grant award of $5350 dollars -- $361 million for 108,000 recipients ($3,345 average per recipient)
