| Government Bailout Tracker at CNNMoney.com |
 |
 |
 |
| In The News | |||
| Friday, 15 January 2010 11:27 | |||
|
If you’re interested in all the federal government’s bailout programs, CNN has one the best tracking sites that I have seen so far. The government is engaged in a far-reaching, and expensive effort to rescue the economy; it has committed $11-trillion so far and spent $3-trillion. Yes T-as in TRILLIONS! For example, the much vaunted jobs program called the American Recovery and Reinvestment Act allocated a total of $787.3-billion to improving physical infrastructure, investing in energy projects and providing financial relief for families by way of tax cuts and increased government benefits. So far, California has received $85-billion (11%) from just this bail-out program, which is incidentally about the same size as the states general fund budget. Of that $85-billion, a whopping $4.7-billion (6%) has gone to transportation related construction projects. Here’s how you can keep tabs on all or at least most of the bailouts.
|
