It’s amazing to see the credit or blame given to the $792 Stimulus Package…
Why? … Because we have only had 18.4% of the funds spent.
Here is a detailed breakdown from “Eye on the Stimulus”…
Stimulus: How Fast We’re Spending $792 Billion
by Christopher Flavelle and Jeff Larson, ProPublicaThe success of the federal stimulus program may hinge on the speed with which the government is able to distribute the billions authorized by Congress. Unlike some other estimates of the cost of the stimulus, which are based on spending projections, we took our numbers from the actual budget authority issued by Congress — $792 billion and change. We’ll be tracking the progress of stimulus payments made by federal agencies weekly.
see full article here…Propublica | Stimulus: How Fast We’re Spending $792 Billion.
See the original chart here… http://projects.propublica.org/tables/stimulus-spending-progress
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