The first chunk of federal stimulus money has arrived in Georgia, but questions remain about how much more Gov. Sonny Perdue will accept.
Perdue confirmed Wednesday that $339 million in federal money landed in the state’s account, about two-thirds of the money the state expects to receive for its Medicaid program between now and Oct. 1.
While Perdue welcomed that deposit, he said he still doesn’t know whether the state will accept Read more
State lawmakers want to use federal stimulus money they don’t have yet to ease school funding cuts over the next few months.
House budget writers are expected to pass a spending plan Wednesday morning that contains more than $2 billion in overall cuts.
But an education subcommittee Tuesday recommended the state use $145 million in federal stimulus money to keep funds flowing to public schools.
Without the stimulus money, schools would Read more
Mayor Bill White yanked a controversial plan Tuesday that called for the city to use taxpayer funds to pay off some personal debts for first-time homebuyers, following a flood of outrage and criticism from across the city and beyond.
“I don’t think we ought to be in the business of paying off someone’s debt so they can buy a house,” White conceded during an impassioned City Council meeting. “Paying off people’s Read more
Democrats in Congress and President Barack Obama have exuberantly celebrated the passage of a $787 “stimulus bill,” promising to pass out a lot of “free” money that future generations will have to pay. So who would turn down “free” money?
There is an inclination by many to think that any money that government passes out should be eagerly welcomed. Even many people who warn against government borrowing money to give handouts tend to take Read more
Microsoft Lets Fired, Overpaid Employees Keep Extra Cash
Monday, February 23, 2009
What Bill Gates giveth, Bill Gates can taketh away.
On Monday, it was revealed that Microsoft accidently overpaid some of the 1,400 employees it laid off last month and asked them for the money back.
The company reversed course late Monday and said the laid-off workers could keep the extra payouts.
Lisa Brummel, Microsoft's senior vice president for human Read more
Monday, February 23, 2009
The following is a rush transcript of the Feb. 22, 2009, edition of "FOX News Sunday With Chris Wallace." This copy may not be in its final form and may be updated.
CHRIS WALLACE, HOST:
Well, it was another wild week for the economy. President Obama signed the stimulus plan and offered help for struggling homeowners, and yet the stock market took another big hit.
The nation's governors are in town, and we've invited Read more
WASHINGTON — Republican governors split sharply over the weekend over how to respond to the economic crisis, a debate whose outcome will go a long way toward shaping how the national party redefines itself in the wake of its election defeats of recent years.
While the $787 billion stimulus bill might help avert draconian budget cuts by deeply stressed states, Republican governors clashed over just how much of the stimulus money to accept. And Read more
"He'll probably stick to his guns," said Otis Rawl, president of the South Carolina Chamber of Commerce, who has urged the governor to accept the stimulus money. "I don't think he'll give up at all."
For some out-of-work South Carolinians, even the suggestion of rejecting bailout money fills them with outrage. William Williams, 38, a laid-off telecommunications worker, had a message for Sanford as he searched futilely through a computerized job Read more
South Dakota should be able to use nearly all its allocation of money from the federal stimulus package, Gov. Mike Rounds said Friday.
"In South Dakota, of all the dollars that are out there, we so far haven't found in the package itself, the spending and stimulus package itself, we have not found anything we will not be able to use," Rounds said in the weekly press conference he holds during legislative sessions.
The federal stimulus package Read more
JEFFERSON CITY | Gov. Jay Nixon vowed Wednesday to seek every dollar possible from the federal economic stimulus plan and pledged to use it to transform Missouri's economy.
The Democratic governor outlined broad categories of emphasis for Missouri's estimated $4.3 billion share of the money, but offered no specific details about how much he hopes to spend in each area. That will be coming later, Nixon said.
"These federal funds give us a tremendous Read more