Monday, February 01, 2010
Obama Budgets Billions For Kentucky
KENTUCKY....
Under the budget President Barack Obama proposed Monday, Kentucky would receive billions of dollars for public works, schools, college loans and emergency management agencies. To help the middle class, the proposal would extend for another year an income tax credit that would benefit an estimated 1.6 million families...$400 for working individuals and up to $800 for married couples filing joint returns. Almost $550 million in college loans would be set aside under the Pell Grant program, while $844.7 million would be available for school programs aimed at improving student performance. Almost $101 million for child care assistance for working parents would also be provided. Other money would be available for projects such as disposing of chemical and biological weapons stored at the Blue Grass Army Depot, while highways, airports and water and sewer projects would get nearly $852 million.
Under the budget President Barack Obama proposed Monday, Kentucky would receive billions of dollars for public works, schools, college loans and emergency management agencies. To help the middle class, the proposal would extend for another year an income tax credit that would benefit an estimated 1.6 million families...$400 for working individuals and up to $800 for married couples filing joint returns. Almost $550 million in college loans would be set aside under the Pell Grant program, while $844.7 million would be available for school programs aimed at improving student performance. Almost $101 million for child care assistance for working parents would also be provided. Other money would be available for projects such as disposing of chemical and biological weapons stored at the Blue Grass Army Depot, while highways, airports and water and sewer projects would get nearly $852 million.