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):
Reuters.com:
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[...] ready as claimed. So where did they spend what they did? Bailing out failing states Links at site: James Pethokoukis
- Posted by Biden:[...] Reuters. [...]
- Posted by 90% of stimulus money being given to out-of-control state governments | The Kansas Progress[...] Reuters blogger named James Pethokoukis linked to the report under the headline, "Maybe this is why the stimulus isn't creating tons of jobs yet," implying that the [...]
- Posted by How Stupid Talking Points Get Started - The Plank