Page 5 - Stimulus Projects News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hiring? >> yes, i think it is. these things go in cycles, and clearly we're moving into an up cycle where there will be a lot of hiring. the question is what will the pace be? and the problem is the uncertainty and the reluctance to invest. private investment has bounced back somewhat. >> and so the government for its part says, a, we want to create an environment where employers can feel confident adding to their employment roles, but, b, look at the stimulus. as i pointed earlier, they said the recovery act has saved or created some 3 million jobs. when you're looking at the stimulus project...

Part of the effort to highlight stimulus projects involved the big green and white signs some of you have seen. if you are driving down the highwayen you see these things, they advertise a project paid for by your stimulus dollars. but we are learning that one of these signs cost $10,000 to make and install for a single sign. now on cert can that be? major garrett is much better at math than i am. he is live in washington with the latest. $10,000 for one sign? >> reporter: that's for a sign near the dulles airport in suburban virginia not too far from where i'm standing right now. let me tell ...

Your money today really will pay off. that is the good, the bad and the ugly of it all. be sure, watch your money to get a better breakdown this weekend and every weekend saturdays, 1:00 eastern, sundays 3:00 eastern right here on cnn. let me give you a look now at some of the stories today making headlines. the completion of the new oil cap operation is on hold right now. as bp and the government review testing procedures for the contraption. this is the so-called integrity test. they're measuring the pressure in the well itself and whether it can handle the new cap that's being put on. ...

>> greta: i should say, i also put on gretawire.com the video you made that is also on youtube. a little bit of a youtube sensation i might add. >> thank you. >> greta: you want the safety signs the signs that say we are spending your stimulus money thank you don't want? >> absolutely. we are talking about the signs produced with stimulus dollars for the sole purpose of promoting stimulus projects. i appreciate you putting the youtube clip up there, that taxpayers and your viewers can go to the website that house republicans have established the you it can website, we have five proposals which...

If every unit of government did this, if your sidewalks that were being put in said paid for by the city of l.a., the bridge repair said paid for by the state of new york in the case of the stimulus projects paid for by the reinvestment recovery act of america it is ludicrous. we found out in i willly, my home state our state has spent $650,000 of the stimulus money just on these promotional signs. over 20 million dollars nationwide just in year within of the program and we are saying in is an easy cut. easy elimination of unnecessary spending of taxpayer dollars on a bunch of promotional fluf...