James Pethokoukis

Politics and policy from inside Washington

Maybe this is why the stimulus isn’t creating tons of jobs yet

July 8, 2009

Here is what the Government Accounting Office is saying about the progress of stimulus spending:

Across the United States, as of June 19, 2009, Treasury had outlayed about $29 billion of the estimated $49 billion in Recovery Act funds projected for use in states and localities in fiscal year 2009.

And how is that $29 billion being spent? Like this (hint, not on infrastructure projects):

stimulus

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