Cash For Caulkers

AAA

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 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.



RELATED TERMS
  1. Energy Tax Credit

    An energy tax credit is given to homeowners who make their homes ...
  2. Tax Deduction

    A deduction from gross income that arises due to various types ...
  3. Cash For Refrigerators

    A federal energy efficiency program introduced in the fall of ...
  4. Green Investing

    Investment activities that focus on companies or projects that ...
  5. Tax Credit

    An amount of money that a taxpayer is able to subtract from the ...
  6. Smart Traveler Enrollment Program

    A service of the U.S. Department of State that lets U.S. citizens ...
RELATED FAQS
  1. What is the history of the sustainable growth rate?

    The sustainable growth rate (SGR) can refer to different things. The two most common references are to the Medicare SGR or ... Read Full Answer >>
  2. How are earmarks and pork barrel spending related?

    Both earmarks and pork barrel spending involve spending money on certain projects or specific events. Projects paid for by ... Read Full Answer >>
  3. In what types of economies are regressive taxes common?

    Regressive taxation systems are more likely to be found in developing countries or emerging market economies than in the ... Read Full Answer >>
  4. What causes politicians or governments to begin "pork barrel" spending?

    Pork barrel spending occurs when the government taxes the general population to hand out concentrated benefits to special ... Read Full Answer >>
  5. What are some examples of "pork barrel politics" in the United States?

    So-called "pork barrel politics" has been present in the United States' legislative and, to a lesser degree, executive branches ... Read Full Answer >>
  6. How does expansionary economic policy impact the stock market?

    Expansionary economic policy leads to increases in the stock market because it generates increased economic activity. Policymakers ... Read Full Answer >>
Related Articles
  1. Economics

    Save The Earth: Become A Capitalist

    Who says that capitalism and environmentalism have to be mutually exclusive?
  2. Investing

    Clean Or Green Technology Investing

    Innovations in energy and consumption grow as companies adopt them to reduce costs.
  3. Personal Finance

    Go Green With Socially Responsible Investing

    Find out how morals and ethics can bring you a surprising return.
  4. Home & Auto

    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.
  5. Home & Auto

    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.
  6. Home & Auto

    Reduce Energy Costs By Making These Adjustments

    There are several ways you can reduce energy costs. These techniques range from minor tweaks to major renovations.
  7. Economics

    What are Pork-Barrel Politics?

    Pork-barrel politics is a form of patronage whereby politicians favor their constituents in exchange for benefits such as campaign donations and votes.
  8. Economics

    Assessing The Pros & Cons of Immigration Reform

    Many of the arguments for and against immigration reform focus on the economic impact of the legislation, including its effect on job growth and wages.
  9. Economics

    Why Lobbying Is Legal And Important In the U.S.

    Political lobbying is again at a heightened spend level, and again being criticized; making it important to remember lobbying's legality and importance.
  10. Economics

    How Lack Of Leadership Is Making Things Worse In Europe

    Lack of effective leadership is impeding the resolution of economic crisis in Europe.

You May Also Like

Hot Definitions
  1. Coupon

    The interest rate stated on a bond when it's issued. The coupon is typically paid semiannually. This is also referred to ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Redemption

    The return of an investor's principal in a fixed income security, such as a preferred stock or bond; or the sale of units ...
  4. Standard Error

    The standard deviation of the sampling distribution of a statistic. Standard error is a statistical term that measures the ...
  5. Capital Stock

    The common and preferred stock a company is authorized to issue, according to their corporate charter. Capital stock represents ...
Trading Center