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Tag: Stimulus bill
Roadbuilding
Obama signs bill cutting $2.2 billion in highway contract authority
The House of Representatives passed a stimulus bill on Tuesday, Aug. 10 that will rescind $2.2 billion in highway contract authority apportionments from balances held by state transportation departments and President Barack Obama signed the bill into law the same day, according to a report in the AASHTO Journal. The Education Jobs and Medicaid Assistance […]
August 16, 2010
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Obama signs bill cutting $2.2 billion in highway contract authority
The House of Representatives passed a stimulus bill on Tuesday, Aug. 10 that will rescind $2.2 billion in highway contract authority apportionments from balances held by state transportation departments and President Barack Obama signed the bill into law the same day, according to a report in the AASHTO Journal. The Education Jobs and Medicaid Assistance […]
August 13, 2010
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Cash for caulkers: $57K per home
If there were ever a good example of why the government should stop trying to do feel-good, small bore projects this is it. The numbers are coming in on the home weatherization portion of the stimulus bill, aka the cash for caulkers program and it appears that for each home weatherized the government has spent […]
February 25, 2010
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Biting the hand that feeds you
Republicans in Congress are finally getting called out for talking trash about the stimulus bill and then bellying up to the bar for their portion of the roadbuilding funds. The report in Bloomberg today names a lot of names and it’s about time. Now if we could just get the politicians who refuse to support […]
February 25, 2010
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Counting stimulus jobs: let the spin begin
The Associated Press has a good report out this morning on how various political enterprises are taking credit for jobs created by the stimulus bill–even if some of those jobs only last for a week.
January 15, 2010
Business
Is the stimulus working? Truth be told, nobody knows
And this assessment is from a supporter of the stimulus. We’ve said all along that the stimulus was more about paying off political supporters and less about actually stimulating the economy. As a result the money was frittered away in hundreds of little programs, and less than one in seven stimulus dollars were allocated for infrastructure construction. […]
January 15, 2010
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Stimulus saves a million jobs? Sure, at $787K per job
The White House Council of Economic Advisors was all aglow with the news that the stimulus bill “saved or created” a million jobs. But as Bill Frezza points out when you have to spend $787-billion to get just a million jobs that works out to a cost of $787,000 per job! Read the whole thing.
January 12, 2010
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Official stimulus tracking website finally live
The government run website that tracks where all the stimulus bill money has gone or will go if finally up and running here. If you’re looking for work or opportunities or trying to figure out how to approach the federal government as a potential customer,  this is a good resource. There’s lots of construction infrastructure […]
January 12, 2010
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Miss. governor: stimulate construction, not social programs
Haley Barbour, the governor of Mississippi, says he wishes the federal stimulus bill would dedicate more money for roadbuilding and infrastructure and less for things like unemployment benefits. Barbour was one of several governors who considered declining the fed’s stimulus bill largess. He also pointed out that the social programs embedded in the bill come […]
January 10, 2010
Business
Cat CEO: “I was ambushed”
A couple weeks ago we linked to a story that told different versions of what the stimulus bill would do for hiring at Caterpillar–President Obama’s version vs. CEO Jim Owen’s version. To make a long story short, the president implied Cat would start rehiring the minute the stimulus bill was passed. Owens, later in the day told […]
January 10, 2010
Business
China’s stimulus is working, why isn’t ours?
stimulus bill, caterpillar, Jim Owens
January 10, 2010
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Womens’ groups derail infrastructure stimulus funding
Back when he was campaigning for the presidency, Barack Obama frequently mentioned the need to reinvest in our nation’s physical infrastructure. After the election, as the recession began hitting the construction industry harder than most, his people seemed to indicated that a construction-focused stimulus bill would help alleviate both these problems. But one month into […]
January 10, 2010
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