Monday, June 1, 2009

Stimulus translates to contracts, grants | Jun 1, 2009

June 1, 2009

Spokane, WA - New water lines in Republic. A large sewage project in Airway Heights. Millions for schools, for crime-victim advocates, and to expand broadband access into rural areas. Hundreds of miles of new or overhauled paths, bridges and roads. And that’s just the start.

The American Recovery and Reinvestment Act, signed by President Barack Obama in February, is a massive federal effort to resuscitate the nation’s economy and to create – or save – millions of jobs. In Washington, it means billions of federal dollars, most of which are starting to trickle out in contracts. Of the $4.1 billion the state is tracking, less than 10 percent has been spent so far...