Cash For Caulkers

Dictionary Says

Definition of 'Cash For Caulkers'

The colloquial name for the United States’ Home Star Energy Retrofit Act of 2010, which provides incentives for specific energy-efficient home improvements. The bill allocates $6 billion to be used as rebates under two programs: the Silver Star program and the Gold Star program. The Silver Star program allows rebates of up to $3,000 for energy-efficient doors, windows, insulation and appliances. The Gold Star program provides rebates of up to $8,000 for energy audits and improvements that reduce total energy usage by more than 20%.
Investopedia Says

Investopedia explains 'Cash For Caulkers'

The bill aims to provide economic stimulus to home contractors that have been hard hit by the downturn in the real estate industry. The bill is controversial among Republicans, who worry that it will increase the federal deficit. To address these concerns, language was inserted in the bill that provides that it will not be implemented unless the programs can be funded without increasing the federal spending deficit.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Green Investing

    Investment ...
  2. Tax Credit

    An amount of ...
  3. Tax Deduction

    A deduction from ...
  4. Energy Tax Credit

    An energy tax ...
  5. Cash For Refrigerators

    A federal energy ...
  6. Sin Tax

    A ...
  7. Special Administrative Region - SAR

    Unique ...
  8. Government Security

    A bond (or debt ...
  9. Fiscal Cliff

    A combination of ...
  10. Federal Debt

    The total amount ...

Articles Of Interest

  1. Go Green With Socially Responsible Investing

    Find out how morals and ethics can bring you a surprising return.
  2. Clean Or Green Technology Investing

    Innovations in energy and consumption grow as companies adopt them to reduce costs.
  3. Save The Earth: Become A Capitalist

    Who says that capitalism and environmentalism have to be mutually exclusive?
  4. A Solar-Powered Home: Will It Pay Off?

    Outfitting your home with solar power can be a long-term investment, or just a step toward greener living.
  5. Should You Invest In A Green Home?

    Energy neutral homes are becoming real possibilities, but the financial point of view might not be so optimistic.
  6. TARP 4 Years Later - How Did It All Work Out?

    The TARP program is estimated to cost taxpayers about $32 billion, much less than the OMB's reported estimate.
  7. Healthcare FSAs Increase Your Personal Savings

    This benefit could give you a return this year that puts many other investments to shame.
  8. An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  9. Comparing Health Savings And Flexible Spending Accounts

    When it comes to medical expenses, there are many accounts that provide tax advantages. We look at two commonly seen among employees.
  10. Money And Politics

    Learn about the progression of events and legislation that shaped and influenced today's political environment.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center