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Home / Stimulus is no blank check for StatesStimulus is no blank check for States
Last Updated on Monday, 23 February 2009 11:34 Written by rslcpol Monday, 23 February 2009 11:34
From Stateline.org:
Of the $200 billion states stand to get from the federal economic stimulus package, governors will have leeway in how to spend about $135 billion with the rest of the money restricted for specific uses.
President Obama is banking on states to spend their money quickly on repairing roads and patching gaps in state budgets to prevent layoffs and cuts to education and other social programs.
Congress didn’t write states a blank check, however, but instead directed much of the money into specific programs, including education, benefits for the unemployed and transportation, and largely used existing formulas to compute each state’s share.