The agreement on the Obama Stimulus Plan makes Barack Obama the first president to ever have such a significant economic stimulus package passed by both Houses in such a short period of time. It is the biggest economic relief package since FDR’s “New Deal”. But what does it mean to the average American?

The almost $800 billion stimulus package means that lower and middle-income taxpayers will get an extra $13 a week in their paycheck this year and about $8 more a week next year. Unemployment checks will go up $25 a week and will keep coming even longer. There are thousands of dollars of tax breaks for new home buyers and people buying new cars. Food stamp benefits will rise for 30 million Americans and short-term health insurance will become more affordable for many losing their jobs.

Obama’s economic stimulus package breaks down to $280.8 billion in tax cuts, $308.5 billion in discretionary spending and $198 billion in Direct Spending. Here’s how that breaks down:

Tax Cuts

• $280.8 Billion

Discretionary Spending

• $61.1 billion in Transportation, Housing/Urban Development
• $53.6 billion in State and local school grants
• $50.8 billion in Energy and Water
• $43.9 billion in Education
• $26.4 billion in Agriculture
• $25.8 billion in Depts of Labor and Health and Human Services
• $10.5 billion in Environment
• $36.4 billion in Other spending

Direct Spending

• $90 billion in Medicaid
• $57.3 billion in unemployment, compensation and other programs
• $25.1 billion in Cobra subsidies
• $20.8 billion in Health information technology
• $4.8 billion in other spending

Many in Washington are heralding this stimulus package as a sure winner for America. But the ugly truth about the Obama stimulus plan is that the average American had to take it on the chin in order for the stimulus package to pass. The original plan called for a $15,000 tax credit to first time homebuyers - that was cut from plan. Buyers can still get up to $8,000 tax credit - but it’s really a tax-free loan to be paid back by the home buyer over 15 years. And any potential tax savings on reducting car loan interest from your income tax was also slashed from the stimulus package.

Pork barrel spending is also stuffed into this stimulus packages. Senate Majority Leader Harry Reid (D-Nevada) was able to allocate a big chunk of the $8 billion to construct high-speed rail lines could go to a Los Angeles to Las Vegas route. And Arlen Specter (R -Pennsylvania) make sure $10 billion was set aside for one of his priorities, the National Institutes of Health.

While the deal-making was going on, the Republicans fought for tax cuts while the Democrats wanted spending. You know who won - Nancy Pelosi and the Democrats.

So in a nutshell, the celebrated Obama stimulus package does little for the average American. You think that $13 more dollars a week is going to make a difference to the average American? This will help spread the gap between the haves and the have-nots in America.

This is NOT a stimulus package, instead, it’s a stability package to keep America from going into Depression - that’s right Depression!

Where are all the new jobs coming from? And what about the bill that our children will have to pay?

It’s typical politics - nothing has changed in Washington - and probably never will.