the overall result of almost $800 million in Federal funding is unreservedly positive.
So on that chart, what jumps out at me, certainly, and I presume would at others, is that a relatively small proportion of that money is goi...
Obviously, you will keep monitoring and let us know if you think that it is moving more slowly to State and local governments than it should...
the question that we will always ask is if we are getting this money out as quickly as we can.
I am pleased to hear about how many States and localities have created Web sites to provide accountability and transparency.
history of fiscal stimulus is not always a happy one because a lot of times the moneys arrived after the economy has begun to recover.
The unemployment level now is above what many economists predicted when we passed the stimulus in February.
Or to individuals.
I think the Federal, State, and local governments are trying to work very hard together.
No.
We hold this hearing on the heels of what I would call mixed news about our economy.
The Fed required AIG to give 80 percent ownership to the government as part of receiving a loan from the Fed in September.
Thank you very much, Senator Bunning.
The Fed is under the authority legally, as I understand it, to only provide resources to creditworthy companies.
I mentioned in my opening statement that the Federal Reserve made a decision to pay off at par value sophisticated investors who owned credi...
I think all of us wish we were here today instead talking about how to help those struggling to get by.
the main goal of the stimulus package was to get money out into the economy quickly to stop the slide down of our economy
Mentoring for teachers.
