Tuesday, August 21, 2012
Michael Grunwald, senior national correspondent for Time Magazine and the author of The New New Deal: The Hidden Story of Change in the Obama Era, writes in his new book about how the stimulus package was far more effective than acknowledged.
Friday, February 03, 2012
ProPublica's Michael Grabell speaks with Brian Lehrer on his new book "Monday Well Spent?" analyzing the stimulus bill.
Other insights: the bill created the tea-party, no one had any idea which projects were stimulus projects, and no one noticed when their teachers weren't fired.
And -- the bill wasn't nearly as effective as it could have been.
Check out the full segment.
Friday, February 04, 2011
(Andrea Bernstein, Transportation Nation) A new report from Smart Growth America analyzes data released by the House Transportation and Infrastructure Committee and finds that for every billion dollars spend under the American Reinvestment and Recovery Act -- the stimulus bill -- on roads, 2.4 million job-hours were created. But for every billion spent on transit, 4.2 million job hours were created, a seventy percent increase.
The report defines "job-hour" in a footnote as an hour worked, which it says is a more meaningful figure than "a job" since the latter gives no indication of the duration of the job.
It's one of an expected flood of reports on all sides as partisans prepare to do battle on the next reauthorization bill, set to be introduced in the near future.
The Obama Administration is increasingly positioning to discuss the transportation bill as a jobs bill.
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Wednesday, September 08, 2010
(Todd Zwillich, Transportation Nation) Did President Obama do his party a political favor by proposing $50 billion in new transportation infrastructure spending to a budget-weary nation right before the November midterms? Was his labor day infrastructure plan an effort to allow struggling Democrats to distance themselves?
At least one vulnerable Democrat under fire for supporting the president’s first $787 billion stimulus plan now says he’s not on board for any more. And just like that, Sen. Michael Bennett (D-Colo.) has put a little distance between himself and a White House sagging in the polls.
“I will not support additional spending in a second stimulus package. Any new transportation initiatives can be funded through the Recovery Act, which still contains unused funds,” Bennett said in a statement released Wednesday.
Friday, February 06, 2009
By Matthew Schuerman : Editor, WNYC
Assembly Speaker Sheldon Silver is taking credit for getting the MTA to devote half a billion dollars of federal stimulus money to the Fulton Street Transit Center. Last week, he told reporters he complained to the governor's office when the transit hub, which is in Silver's lower Manhattan district, did not appear on the first list of projects that were being considered as potential recipients of the funds. The allocation of the federal money to the hub, which is wildly over budget, then grew to $201 million and now stands at $497 million.
Wednesday, January 28, 2009
It came as a bright spot today when Robert Puentes of the Brookings Institution said, “We are trying to make sure the stimulus bill does no harm.” Harm, for transit advocates, means a bill that sets spending levels at rates that favor drivers over straphangers, or that give most of ...