$94 Billion Now Spent from ARRA, But Where are the Jobs?


According to a post by Propublica, the Federal Government has now spent $94 billion of the $581 billion non-tax related ARRA funds.  However, the percentage of budgets spent or committed by department continues to vary widely.  For example, the departments of State, Agriculture and Energy have committed less than 25% of their total funds.  This contrasts with the Department of Justice that has committed 91% of its funds.

Although reports from the Whitehouse have tossed around figures ranging from 600,000 to 1.1 million new jobs created from the stimulus bill, unemployment nevertheless climbed 0.3% in August to a total unemployment rate of 9.7%.

-LBB

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One comment on “$94 Billion Now Spent from ARRA, But Where are the Jobs?

  1. David Zadick says:

    Tuna Time; get’em while you can. September 30 is the Final Exam. In seven days, the school of Tuna will be seventy miles away.

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