New York, California want rejected stimulus dough
Watch out Louisiana, Mississippi and South Carolina, New York and California would love those dollars you turn down from the $787 billion economic stimulus plan.
A few governors, namely Louisiana’s Bobby Jindal, South Carolina’s Mark Sanford and Mississippi’s Haley Barbour, have all said that they may turn down some of the stimulus money for their states, particularly aid aimed at bolstering unemployment benefit programs.
“We can’t pay for the benefits already in the program, but to get the stimulus money, we’ve got to increase the program’s size and scale,” Sanford said on “Fox News Sunday”.
That has some other states hard hit by the deepening recession calling for the money to be sent their way, especially New York where Wall Street has been laying off workers by the thousands.
“If any governor — Democrat or Republican — leaves stimulus money on the table, then we respectfully request that funds be distributed to New York,” the state’s two Democratic senators, Charles Schumer and Kirsten Gillibrand, said in a letter to President Barack Obama on Monday.
Another New York lawmaker, Representative Anthony Weiner, plans to offer legislation that would redirect rejected stimulus funds to other states.
“If some governors decide to reject the money, 45 other states should be able to use it to create thousands of jobs. We have plenty of projects across the country that will put people to work and help achieve long term economic growth and stability,” Weiner said in a statement.
– Photo credit: Reuters/Mike Segar (Wall Street in New York City.)