Page 5 - Stimulus Projects News Today

Governors race is now set, democrat dan hynes has conceded to incumbent governor pat quinn. he was trailing after tuesdays primary but he didnt bow out until after more votes were counted. the battle between bill brady and kirk dillard is still too close to call. all right, were back here in the stimulus area that weve been using for the last little while. weve been digging into the money that has been given to stimulus projects and finding out whether jobs have been created. what are you look...

Borrowing going to the newest projects remember the stimulus projects? forget the debt-limit. they passed a $787 billion. supposed to be shovel-ready stuff. well, some people had questions. now there are questions about how exactly that money is being used. william here to explain live in los angeles. william, what are some of these projects we are hearing about? are they creating jobs? >> reporter: as you know, it all comes from the same place, which is your pocketbook. federal agencies spendin...

Of work that the boys and girls club does. theyre saying, hey, we feel good about this use of stimulus money, right? >> yes. they were very grateful for it. >> reporter: the president is highlighting his small business plan and i understand you looked into a small business in new hampshire? >> yeah, its a construction firm. they received received $1.2 million and were able to create two jobs -- >> your mike went out all of a sudden. use mine. tell us about the small business. the images on the w...

You might find interesting. we see how much money in total from stimulus funding that nashua, new hampshire, has gotten where the president is going. you have $14.4 approximately million dollars spent in stimulus funding. we looked at the population. its about 87,000 that you see here. so that works out to about $166 per person. now, if you to the national averages and look at how many billions of dollars were in this package divided by our population its not that high. its interesting that the ...

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Jobs. a total of 55 jobs, 2 million per job. that just happened. bill: all right. is l.a. alone? >> well, l.a. is the largest city yet to go through an audit, but this coincides with the release this week of the white houses 100th best stimulus projects. theyre looking back over the stimulus program that was launched 18 months ago, pulling out the 100 best performers. ive not seen the whole list but ive seen a couple of them. for example, they spent $30 million in new jersey, cleaning up an old ...

In other words, a software that will help you with your funny. >> and hes known as the jokey professor. not the nutty professor. and hes gotten -- the program is called computationnal activity. building a model -- (laughter) >> a lot of people arent finding this funny. a lot of people arent finding this funny. you have lawmakers -- all these people are losing jobs and were spending our stimulus money to create this. so john mccain, obviously not happy about it, doesnt find it funny -- this is nu...

Rowing hard. show that theyre making an effort. theres still a lot of stimulus money -- >> how much is left? there isnt that much left. >> they have a lot of projects in the pipeline this summer. two weeks ago they unveiled what theyre calling the summer of recovery. theyre going to have events all over the country. but the problem is going to be, if the surrounding economic news is so grim, then these projects, these stimulus projects rather than making people feel good are going to beg the que...

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