In February the President signed a $787 billion stimulus bill. By June 25th, $152 billion had been allocated. In June weekly allocations were under $6 billion. At this rate, spending the remaining $600 billion will take more than 100 weeks. Also, it seems that many of the easy outlets have already been used, so allocations in the future should be more difficult to find.
http://www.usatoday.com/news/washington/2009-06-25-stimulus_N.htm
The article’s lead captured/summarized the article well – we are trying to stimulate the economy but doing so more slowly than we’d like. The President vowed to speed up the spending but spending has actually dropped. The rest is all details.
I like the news worthy question. I think this article is. It’s only 378 words but it keeps the public updated on what is happening with their tax money. It also points out that it isn’t easy for most people to go out and spend $787 billion dollars in a hurry. Some things just take time.
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