Senator Max Baucus
January 13, 2003
Senator Max Baucus
Economic Stimulus Package for 2003
(in billion )
Costs
| 2003 | 2003-12 |
| General Revenue Sharing with States | $75 | $75 |
| Unemployment Insurance (UI) Extension 17 | 12 |
| No Income Tax on the First $3,000 of Wages | 45 | 45 |
| Highway Construction | 4 | 7 |
| Corporate Governance* | 0 | -13 |
| Health Insurance Tax Credit for Businesses | 3 | 4 |
| Small Business Investment | 2 | 1 |
| Bonus Depreciation | 14 | 4 |
| Total | $160 | $135 |
*This is a revenue-raiser which would impose penalties on corporations for non-disclosure of questionable tax transactions to the IRS.
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