Quote:
Obama urges states to use recovery money carefully
By LIZ SIDOTI, Associated Press Writer Liz Sidoti, Associated Press Writer – 23 mins ago
WASHINGTON – With states eager to spend, President Barack Obama announced guidelines Friday aimed at preventing waste and fraud and limiting the influence lobbyists will have in carrying out the $787 billion economic stimulus program.
"This plan cannot and will not be an excuse for waste and abuse," Obama declared.
The rules, he said, "will help ensure that we are proving ourselves worthy of the great trust the American people have placed in us." Obama also told state legislators gathered at the White House that decisions about how money will be spent will be based on the merits of creating the most jobs and helping reverse the recession.
"They will not be made as a way of doing favors for lobbyists," he said.
To help ensure that special interests don't stymie stimulus efforts, Obama said his administration would post on the Internet all requests by lobbyists who want to talk to any member of his administration about particular projects that would involve using the money from the Economic Recovery Act.
http://news.yahoo.com/s/ap/20090320/..._WJDsherSyFz4D
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Obama must not read the papers....
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Stimulus money might not be enough for California
A state analysis of the federal stimulus indicates that California will get about $2 billion less than it needs to forestall the full tax hikes and budget cuts legislators approved last month.
By Eric Bailey and Patrick McGreevy
March 11, 2009
Reporting from Sacramento -- California appears likely to fall short on the federal stimulus money it needs to avoid the full brunt of tax hikes and spending cuts that lawmakers approved last month to settle a contentious 100-day budget stalemate.
Legislators had hoped to ease those new taxes and budgetary cuts with funds from the U.S. rescue package, but a fresh analysis of California's flagging fiscal situation suggests the state needs about $2 billion more than Washington is providing.
About $8 billion of the needed $10 billion in federal revenue for budget relief will be available through 2010, according to a report that Legislative Analyst Mac Taylor presented to lawmakers Tuesday.
http://www.latimes.com/news/local/la...,5012817.story
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It looks like California is going to use the stimulus money to pay for waste, fraud and the influence lobbyists money that was already spent. How nice, but where's the new jobs and economic stimulus come in? Barack should have made an appearance in Sacramento instead of on Leno. Obama clowns around with Jay while Rome burns.
Your doin a heck of a job Barry.
03-20-2009, 10:13 AM
Obama urges states, use recovery money carefully
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