March 17, 2009

Stimulus Money Rules To Be Released

The administration late last week postponed until this week the issuance of a set of rules to more clearly delineate to state and local officials the types of projects and activities for which Economic Recovery Act funds can and can’t be used for.

At a White House forum last week with state officials regarding the use of stimulus funds — where President Obama, Vice President Biden, and other senior officials emphasized that the money needed to be spent “wisely” — Biden highlighted the coming rules, saying some uses would be prohibited even though they were an otherwise legal use of the funds.

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