Follow where money goes
The Obama adminstration is pushing a huge flow of cash to some previously less shining spots, such as the Department of Forest. The new influx, however, creates troubles for management because they have not (fore)seen such influx and prepare well on spending. As President Obama said, the stimulus plan is about spending, if not, what do you think what it is (he said this in a mocking way). What businesses need to do is to catch these money and amplify it.
The stimulus plan has two big categories: tax reduction and new project spendings. There is not much to be explored in tax reduction for business, which includes unemployment tax benefit. On the other hand, new project spendings are quite attractive. Here is a breakdown:
Energy, including $32 billion to transform the U.S. energy grid to make it more efficient; $16 billion to repair public housing and make it more energy efficient; and $6 billion to weatherize low-income homes;
Science and technology, including $10 billion for new scientific facilities and $6 billion to improve broadband Internet access in rural areas;
Infrastructure, including $30 billion for highways; $31 billion to modernize federal buildings and other public infrastructure; $19 billion for clean water, flood control, and other environmental investments; and $10 billion to improve public transit and rail infrastructure;
Education, including $41 billion for local school districts, $79 billion in outlays to states to prevent educational service cutbacks; $15.6 billion to broaden the federal Pell Grant program, which gives need-based grants to fund education; and $6 billion to modernize higher education programs;
Health care, including $87 billion for Medicaid; $20 billion to improve health information technology; and around $4 billion to improve preventative care.
What governmental departments will be in heading roles? DOE, FCC, DOT, and education as well as health care division. These goverment contracts are not ignored in such a hard time that every business leader try to secure any meaningful incomings.
It is really silly to bypass these given opportunities, particular for those who reject changes but still claim they are not blind folded. It is not rare though to see these people around.
The stimulus plan has two big categories: tax reduction and new project spendings. There is not much to be explored in tax reduction for business, which includes unemployment tax benefit. On the other hand, new project spendings are quite attractive. Here is a breakdown:
Energy, including $32 billion to transform the U.S. energy grid to make it more efficient; $16 billion to repair public housing and make it more energy efficient; and $6 billion to weatherize low-income homes;
Science and technology, including $10 billion for new scientific facilities and $6 billion to improve broadband Internet access in rural areas;
Infrastructure, including $30 billion for highways; $31 billion to modernize federal buildings and other public infrastructure; $19 billion for clean water, flood control, and other environmental investments; and $10 billion to improve public transit and rail infrastructure;
Education, including $41 billion for local school districts, $79 billion in outlays to states to prevent educational service cutbacks; $15.6 billion to broaden the federal Pell Grant program, which gives need-based grants to fund education; and $6 billion to modernize higher education programs;
Health care, including $87 billion for Medicaid; $20 billion to improve health information technology; and around $4 billion to improve preventative care.
What governmental departments will be in heading roles? DOE, FCC, DOT, and education as well as health care division. These goverment contracts are not ignored in such a hard time that every business leader try to secure any meaningful incomings.
It is really silly to bypass these given opportunities, particular for those who reject changes but still claim they are not blind folded. It is not rare though to see these people around.
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