Here's the latest stimulus coverage:
The uproar over the Obama administration's reheated promise to accelerate stimulus spending this summer continues. A video showing how job losses have far outpaced the administration's predictions made the rounds yesterday, while editorials like this one in Forbes say the stimulus was a mistake. In my home state — Vermont — several projects have been put on hold. "Probably some of these programs, if there had been no stimulus bill at all would have gone forward. We're all ready. We came to the gate and that gate's not open," said Tom Evslin, the governor's chief recovery officer, reported WCAX.com. (If you're interested in figuring out just how ready the states were to spend stimulus dollars, join our team of ProPublica readers who've adopted a stimulus project in their area.)
You probably didn't see this coming. Yesterday the Obama administration announced its intentions to reintroduce Paygo. The New York Times headline -- "One Day, Obama Pitches Stimulus Spending. The Next, He Urges Saving Money" -- says it all. "The ‘pay as you go' principle is very simple,'' Obama said. "Congress can only spend a dollar if it saves a dollar elsewhere." So it's Paygo AFTER we spend all the stimulus funds, right? Here's how budget director Peter Orszag explained the discrepancy at yesterday's press briefing.
Lawmakers are lobbying agencies to fund projects in their districts and states, reports USA Today.
Looks like South Carolina has its own fuzzy stimulus equation: where we would be without the stimulus + where we are with the stimulus - the legal fees behind a recent Supreme Court ruling forcing Gov. Mark Sanford to accept stimulus funds.
Education Week gives the Obama administration's Education Department a "most improved" award for "finally putting the initial applications for state fiscal stabilization funding online -- and living up to the transparency standards President Obama has set for spending stimulus money." According to the Week, publishing applications online for public review is old hat for the Education Department. The Obama effect? Now initial applications, not just the approved applications, are available.