2009 Stimulus Bill: Day One

Just a quick update this morning to point out something I think has been under-reported:

President Barack Obama should be signing into law the American Recovery and Reinvestment Act today, which means that States (and Commonwealths) requested federal stimulus money have forty-five days to start spending some of that money on public works and improvements.

No matter where in America you live, your Governor’s 45 days starts now, or decisions will end up being made by the State Legislature.

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Tagged as: economic stimulus

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About the Author

Smithee formerly lived primarily on credit cards and the good will of his friends. He is a newbie to personal finance but quickly learning from his past mistakes.

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1 Mr. ToughMoneyLove February 17, 2009 at 12:20 pm: Send a politician millions and tell him/her to hurry up and spend it? Don’t get trampled by the lobbyists.
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