Report gives stimulus package high marks
The massive economic stimulus package President Obama pushed through Congress last year is coming in on time and under budget - and with strikingly few claims of fraud or abuse - according to a White House report to be released Friday.
The report shows that the administration has met that target, spending $551 billion of the original $787 billion. That figure includes $242 billion in tax breaks to families and businesses and $232 billion in payments to states, unemployed workers and other victims of the recession, the report says. The administration has also written $77 billion in checks for thousands of public works projects, with an additional $127 billion unspent but committed, the report says.
Read more details in the related articles.
No comments:
Post a Comment