Paterson on NY Stimulus: Speed Over Accuracy

Governor Paterson pulled out a baseball reference to describe how he thinks federal stimulus money should be spent in New York. Speaking to Brian Lehrer on WNYC this morning, Paterson said money for transportation projects should be spent the way St. Louis Cardinal Ozzie Smith described how he played short-stop -- speed was more important than accuracy.

The governor said that's also his philosophy in putting stimulus funds to work, right away.

PATERSON: This state is teetering on the verge of insolvency if we don't get people to work and generate revenues for our economy.

Paterson says he expects New York's $24 billion in federal stimulus money to create three to 400,000 jobs in the state over the next 27 months.