That plan was aided by financing
from the federal stimulus program, although construction has not begun.
Gov. Arnold Schwarzenegger noted that he pushed for the grant approval - money that originally came
from the federal stimulus package.
One big reason for his hesitation was the giant influx of money
from the federal stimulus package that had to be disbursed.
Millions of dollars
from the federal stimulus budget were allocated in 2009 to improve the elevators in the city's public housing developments.
«Without the funding that our region is receiving
from the federal stimulus package, along with the funding Gov. Paterson and the Legislature approved for our youth, these young people would be left behind.
Adrienne Esposito, Executive Director of the Citizens Campaign for the Environment, said: «This is a terrific way for Long Islanders to benefit
from federal stimulus funds.
As training money
from the federal stimulus package opens new possibilities for Mohawk Valley workers looking for the skills that will be in demand when the economy recovers, Mohawk Valley Community College is offering area residents an opportunity to learn about exciting programs that can be the first step in a new career.
Surprise guest Sen. Charles Schumer introduced Carrion and crowed about the money New York will get
from the federal stimulus bill and the advantage of having Carrion in the White House — an appointment he took some credit for.
He said schools have an billion and a half dollars in reserve funds and leftover monies
from the federal stimulus program, which ended last year, enough to cover the reductions.
Not exact matches
While Twitter's debut likely helped send shares of Facebook Inc. down, the overall tech industry also took a hit as the markets pulled back
from record levels on worries that the
Federal Reserve could soon start curtailing its economic
stimulus program.
A rift has emerged in the Canadian economic community, with Bay Street economists calling for fiscal
stimulus from the
federal government while academic economists are openly hostile to the idea.
The
Federal Reserve laid the groundwork Wednesday to begin winding down shortly the massive
stimulus program it embarked on to rescue the economy
from the financial crisis.
Given that the
Federal Reserve was tapering
from its bond - purchasing
stimulus program (otherwise known as quantitative easing), Doll said, you had to be crazy bearish to not believe interest rates would fail to reach 3.5 % in 2014.
While no major advanced economy currently employing these measures is expected to begin withdrawing monetary
stimulus in the near future, mildly encouraging data
from the United States, coupled with recent statements
from various
Federal Reserve officials, have definitely caught the market's attention.
While some have expressed concerns about the likelihood that the
Federal Reserve will start to ease away
from its
stimulus program, Price's Puglia said he does not think that necessarily will hurt stock performance.
TORONTO, September 14, 2016 - Canadian economic growth will snap back after a second - quarter contraction and will get further lift in 2017
from rising energy prices, low interest rates, and
federal stimulus, according to the latest RBC Economics Outlook report.
However, by September 2013, the IMF had done a 360 - degree turn and had the U.S leading a global recovery (albeit not very strongly) and the emerging market economies struggling with rising interest rates, capital flight and falling exchange rates, resulting
from the possibility of a tapering of
Federal Reserve Board monetary
stimulus.
Canadian economic growth will snap back after a second - quarter contraction and will get further lift in 2017
from rising energy prices, low interest rates, and
federal stimulus...
While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US
Federal Reserve, urged such action on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed
stimulus via a «helicopter drop» of money could have saved the United States
from the Great Depression.
Bank of America Merrill Lynch raised a total of $ 2.6 billion in investment banking fees in the US last year, when it benefited
from a boom in junk bond underwriting as corporate issuers rushed to take advantage of low rates ahead of the
Federal Reserve's plans to withdraw
stimulus measures.
The
Federal Open Market Committee's (FOMC) October decision to end quantitative easing, withdrawing
stimulus from the economy, marks the start of monetary tightening, or the second stage of recovery.
They also interpreted statements
from the US
Federal Reserve around that time as indicating that the Fed was increasingly concerned about the possibility of deflation in the US economy and that it might buy long - term bonds to add to monetary
stimulus.
For instance, during the recent
stimulus bill, Billions of dollars in
federal tax dollars were diverted to states to cover budget shortfalls, which had the indirect effect of preventing municipalities
from declaring bankruptcy.
In 2009, Louisiana governor Bobby Jindal turned down
stimulus money
from the
federal government.
My priorities will be to slash wasteful
federal spending, set our nation on a path to a balanced budget, end bailouts for bad business decisions, take leftover money
from the Obama
stimulus package to pay down the deficit, and repeal Obamacare.
By the late 2000s — after the recession but before an influx of
federal stimulus cash — New York City was getting just 9 percent of its funding
from the
federal government.
In the wake of intense opposition
from the town and Orient residents, the authority eventually dropped that project, which was to be financed largely with
federal stimulus funds.
Speaking on «The Capitol Pressroom» recently, Comptroller Thomas DiNapoli said government jobs are suffering now because they were shielded
from the recession in the beginning with
federal stimulus money.
Tax revenues
from Wall Street, meanwhile, are shrinking, and the state's
federal stimulus money, which has added up to about $ 6 billion annually since 2008, will be cut off in another year, two at most.
Minnesota reports 2,130 transportation jobs created
from road
stimulus so far St. Paul, MN (AP)-- Eager to show the
federal stimulus package is working, Minnesota transportation leaders said Wednesday the American Recovery and Reinvestment Act has supported 2,130 direct...
Oneida County Executive Anthony J. Picente, Jr., today voiced strong support for a proposal by Senator Charles Schumer to have county governments in New York State receive direct funding
from the
federal government as part of additional Medicaid funding for New York that will be included in the upcoming
federal stimulus package.
«As the 2nd most conservative member of the New York State Assembly in rankings by the New York State Conservative Party and the # 1 Legislator in scoring by Unshackle Upstate, a New York reform organization, I know we need to slash
federal spending, balance the budget, end the bailouts, take leftover money
from the Obama
stimulus package to pay down the deficit and support repealing Obamacare.
State Budget Director Robert Megna added that the state has gotten less funding
from the
federal government during the past year and a half, especially with the end of the
stimulus package instituted after the 2008 financial crash.
The money will come
from $ 108 million in
federal stimulus funds, $ 210 million
from bond sales, $ 42 million
from the state, and an annual $ 65 to $ 75 million
from a
federal subsidy program.
Utility executives and smart grid advocates agree that apart
from the smart grid projects funded by $ 4 billion in
federal stimulus grants, most current smart grid investment is going into improving the efficiency, reliability and profitability of power supply, rather than reaching consumers directly.
How has the $ 4.8 million in
federal stimulus funding
from the National Cancer Institute impacted your research in the past year?
The total 2010 budget for the department as a whole would grow to $ 26.3 billion
from $ 24 billion in 2008; the projection for 2009 is $ 33.9 billion, plus a whopping $ 39 billion for energy programs under the
stimulus package recently passed and $ 1.6 billion for the Office of Science, which
federal bureaucrats plan to spend primarily on building scientific facilities.
The $ 10 - billion price tag to get these projects on track is equally ambitious — California is looking for $ 4.7 billion of this to come
from the $ 8 billion in
stimulus money the
federal government is making available for high - speed rail projects under the American Recovery and Reinvestment Act.
State education officials and local school districts are working to use technology money
from the
federal economic -
stimulus package to develop initiatives that do everything
from consolidate data systems to create high - quality digital content for school laptops.
Rather than press Congress to pass a law to replace No Child Left Behind (NCLB), the Obama administration used
federal stimulus money to encourage states to accept its policy preferences and waivers
from NCLB's penalties to ensure those policies were implemented.
The fallout
from the 2009 legislative session continues in state court, as Gov. Sanford and lawmakers battle over whether South Carolina will accept $ 700 million in
federal stimulus money that would help pay teachers» salaries and fund public safety.
Funding to the district
from state - generated revenues was essentially flat, but
federal funding increased by 13.3 percent, largely due to the
stimulus package.
It's time for states to apply for a part of the
federal stimulus plan's $ 4.35 billion in Race to the Top innovation grants, and direction
from individual schools can make a difference.
In other locations, TAP may get a financial boost
from money in the
federal stimulus package that's designated for performance pay.
The association has a point: Within the past decade, more than $ 200 million in
federal stimulus funds, plus millions more
from the U.S. Department of Agriculture, have been spent in New Mexico alone on efforts to extend high - speed broadband networks to rural areas.
Even stretched across the entire period
from birth to age five, it would work out to about $ 8,000 per child per year, without touching the separate
federal child - care dollars, leveraging the Head Start appropriation, or tapping into other current public - sector spending on needy children (including the additional «
stimulus» dollars that may or may not prove permanent).
Key state economists gathered at CEA today — along with reporters — to discuss a variety of topics
from the depth of the state recession to the wisdom of how
federal stimulus funds were applied by state policymakers.
The school benefits
from the assistance of community partners and a grant funded with
federal stimulus money.
The funding is
from two
federal sources, including $ 1.75 million under the No Child Left Behind act and the remaining $ 3.45 million
from the American Recovery and Reinvestment Act, also known as
stimulus money.
The California Department of Education announced Thursday preliminary calculations for the amount of money each local educational agency will receive
from the latest
federal school
stimulus appropriation approved by Congress last month.