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Stimulus Funds

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NEWS
August 17, 2012 | By Alana Semuels, This post has been corrected. Please see note at bottom for details
SPRINGFIELD, Va. - After initially denying he had requested stimulus funds, GOP vice presidential candidate Paul Ryan has acknowledged that his office had sought the money for his Wisconsin congressional district and took responsibility for it. “After having these letters called to my attention I checked into them, and they were treated as constituent service requests in the same way matters involving Social Security or Veterans Affairs are...
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NEWS
August 17, 2012 | By Alana Semuels, This post has been corrected. Please see note at bottom for details
SPRINGFIELD, Va. - After initially denying he had requested stimulus funds, GOP vice presidential candidate Paul Ryan has acknowledged that his office had sought the money for his Wisconsin congressional district and took responsibility for it. “After having these letters called to my attention I checked into them, and they were treated as constituent service requests in the same way matters involving Social Security or Veterans Affairs are...
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CALIFORNIA | LOCAL
May 11, 2009 | Evan Halper
Officials in the governor's office say a politically powerful union may have had inappropriate influence over the Obama administration's decision to withhold billions of dollars in federal stimulus money from California if the state does not reverse a scheduled wage cut for the labor group's workers.
BUSINESS
September 23, 2011 | By Dana Hull
Republican and Democratic lawmakers came out swinging at Friday's hourlong hearing in Washington about bankrupt California solar manufacturer Solyndra Inc. Brian Harrison, Solyndra's chief executive, and W.G. "Bill" Stover, its chief financial officer, invoked their 5th Amendment right to remain silent and refused to answer any questions. Each was flanked by a criminal attorney. But lawmakers on both sides of the aisle pushed forward with aggressive questions about the company's $535-million loan guarantee from the Energy Department, Solyndra's deteriorating financial health and decisions to restructure the company's debt this year.
CALIFORNIA | LOCAL
March 16, 2010 | By Patrick McGreevy
Gov. Arnold Schwarzenegger has said federal stimulus money received by the state would be used to create jobs in California, so state Sen. Alex Padilla is asking why the administration is giving $18.8 million of the scarce funds to an Oregon group. Padilla, (D-Pacoima), chairman of the Senate Energy Committee, has scheduled a hearing of the panel Tuesday to grill commission officials about why, when California's unemployment rate is 12.5%, they propose sending funds to Oregon. "To think that the California Energy Commission, for all its history of being on the cutting edge of policy, is giving huge sums to a firm outside the state I think is unconscionable," Padilla said.
CALIFORNIA | LOCAL
June 4, 2009 | Garrett Therolf
Money from President Obama's stimulus package has created nearly 400 jobs for Los Angeles County residents, but the state's budget crisis now threatens to throw the newly employed back onto the welfare rolls. The workers found jobs through a county-administered program announced earlier this year that is slated to use $200 million in stimulus funds and eventually create 10,000 temporary jobs. If Gov.
OPINION
January 2, 2011
It's simple: Follow the tax money Re "Stimulus for L.A. mostly sits unspent," Dec. 26 The failure to effectively use hundreds of millions of dollars in stimulus money is Exhibit A in the case that as much as possible, government should function on a local level, relying on federal powers for limited areas. All tax money originates locally. But we send it to Washington, let them remove their vig and return the rest with restrictions on how it can be used. To install left-turn signals, we tax local citizens, send the money to Washington, have the city submit a proposal to get some of the money back, and have a federal committee grant it back to us and another federal agency oversee it, creating several extra steps to put a signal at Sunset and Wilcox.
BUSINESS
June 30, 2010 | By Alana Semuels, Los Angeles Times
With home sales sliding, employers reluctant to hire and world stock markets gyrating wildly, the U.S. economy is in danger of stalling. Now one of its only reliable sources of fuel is running out: federal stimulus spending. Funds flowing from the $787-billion legislation passed last year have helped create hundreds of thousands of jobs and propped up social programs such as unemployment benefits. But with much of that money spent and lawmakers reluctant to approve another big round of spending, concerns are rising about what will replace it in the short term to keep the economy moving.
CALIFORNIA | LOCAL
March 4, 2011 | By Maeve Reston, Los Angeles Times
Los Angeles City Controller Wendy Greuel found that the city's utility has been slow to spend its $112.7-million share of federal stimulus dollars and that the department's initial estimates of jobs created in the program may not have been accurate and lacked documentation. The city has received about $625 million in stimulus grants and loans, but officials have struggled to spend the money quickly because of extensive employee furloughs and the city's lengthy processes for awarding grants and contracts.
BUSINESS
August 21, 2009 | Alana Semuels
When President Obama first outlined his stimulus plan to boost the economy, leaders across the country envisioned a burst of federal funding to build high-speed rail lines, modern classrooms and a new national electricity grid. Latrine repair? No one mentioned that. But half a million dollars has been set aside to fix the toilets at Ft. Irwin, an Army base south of Death Valley National Park, according to the California Recovery Task Force. In fact, much of the stimulus money earmarked for California so far has gone toward run-of-the-mill projects, such as replacing a metal guard rail with a concrete one in the city of Orange and conducting a campus-wide elevator study at the Department of Veterans Affairs Hospital in San Francisco.
OPINION
September 2, 2011
When Solyndra, a Bay Area maker of industrial solar panels, announced plans to file for bankruptcy protection Wednesday, it wasn't just a blow for the company's 1,100 laid-off employees or the investors who have pumped millions into the venture. It called into question the Obama administration's entire clean-energy stimulus program. Solyndra was the first company to be awarded a federal loan guarantee under the stimulus, worth $535 million. Taxpayers are likely to end up on the hook for much if not all of that amount, a highly embarrassing development for President Obama because he was among the company's biggest cheerleaders.
CALIFORNIA | LOCAL
July 12, 2011 | By Kate Linthicum, Los Angeles Times
California could lose tens of millions of dollars in job-creating federal stimulus money for home weatherization projects because the state and several local agencies — including the Los Angeles Department of Water and Power — have failed to perform as promised, according to an audit released Monday. Two years ago, California was awarded nearly $186 million to help low-income homeowners make their houses more energy-efficient. But as of April 30, the state had spent $68 million, the audit found.
CALIFORNIA | LOCAL
March 4, 2011 | By Maeve Reston, Los Angeles Times
Los Angeles City Controller Wendy Greuel found that the city's utility has been slow to spend its $112.7-million share of federal stimulus dollars and that the department's initial estimates of jobs created in the program may not have been accurate and lacked documentation. The city has received about $625 million in stimulus grants and loans, but officials have struggled to spend the money quickly because of extensive employee furloughs and the city's lengthy processes for awarding grants and contracts.
OPINION
January 2, 2011
It's simple: Follow the tax money Re "Stimulus for L.A. mostly sits unspent," Dec. 26 The failure to effectively use hundreds of millions of dollars in stimulus money is Exhibit A in the case that as much as possible, government should function on a local level, relying on federal powers for limited areas. All tax money originates locally. But we send it to Washington, let them remove their vig and return the rest with restrictions on how it can be used. To install left-turn signals, we tax local citizens, send the money to Washington, have the city submit a proposal to get some of the money back, and have a federal committee grant it back to us and another federal agency oversee it, creating several extra steps to put a signal at Sunset and Wilcox.
CALIFORNIA | LOCAL
January 2, 2011 | By Lee Romney, Los Angeles Times
Mayor Ron Dellums spent his childhood in West Oakland watching the Oakland Acorns play ball. So when the planned move to Fremont, Calif., by the now- Oakland A's fell through in early 2009, Dellums kicked into high gear. He recruited City Council President Jane Brunner, and they jointly appealed to Major League Baseball's commissioner, launching talks with league officials on a new stadium as part of an aggressive campaign to keep the team in Oakland. "Ron was phenomenal," Brunner said of the former congressman's role in nearly two years of ongoing discussions.
CALIFORNIA | LOCAL
December 26, 2010 | By Maeve Reston, Los Angeles Times
When the federal stimulus program was launched in early 2009, the city of Los Angeles was in dire straits, facing a shortfall of $427 million and the possibility of mass layoffs. City officials scrambled at the new source of funds, ultimately netting more than $630 million in stimulus grants. But nearly two years later, the city has spent only about a quarter of that money, a rate of spending that trails that of New York, Chicago and several other large California cities. Though the bulk of L.A.'s stimulus money was awarded by last March, the city had completed only eight of its 108 projects by mid-October.
CALIFORNIA | LOCAL
September 17, 2010 | By Carla Rivera, Los Angeles Times
Amid ongoing uncertainty over state support for higher education, California's public colleges and universities heralded a rare bit of good news Thursday, announcing they will receive more than $200 million in federal stimulus funds that will allow many campuses to admit new students, restore courses and retain faculty and staff. The University of California and California State University each will receive $106 million, and the California Community Colleges $5 million. The money is one-time funding, the final round of dollars from the American Recovery and Reinvestment Act. The universities are still awaiting passage of a stalemated state budget that may or may not include restoration of some of the millions in funding cuts sustained in the last three years.
CALIFORNIA | LOCAL
September 17, 2010 | By David Zahniser, Los Angeles Times
Two Los Angeles departments have received $111 million in federal stimulus funds yet have created only 55 jobs so far, according to a pair of reports issued Thursday by City Controller Wendy Greuel. The reports conclude that the agencies, Public Works and Transportation, moved too slowly in spending the federal money, in part because of the time it takes to secure approval of government contracts. The two agencies plan to create or retain a combined 264 jobs once all the money is spent, according to the reports.
CALIFORNIA | LOCAL
December 21, 2010 | By Jack Dolan, Los Angeles Times
One of Gov.-elect Jerry Brown's first official acts will be eliminating the state Office of Inspector General, a position held by former L.A. City Controller Laura Chick, who has been responsible for overseeing more than $50 billion in federal stimulus money. Brown's office said in a statement Monday that he is closing the operation, whose function mimics those of other state agencies, to save money. "Ending this redundancy will save the state's General Fund over $700,000 in fiscal year 2010-11," the statement said.
OPINION
December 11, 2010
Outraged by excessive stimulus spending? Worried that construction of new infrastructure in your state will create operating costs lasting well into the future? If you're a Republican governor with such troubles on your mind, we have the solution: Send the federal money to California. The Golden State is more than willing to relieve you of the burden of all that free cash. Remarkably, the governors of Wisconsin and Ohio seem to have taken us up on an offer so disadvantageous that the most shameless infomercial producer would hesitate to promote it. After being awarded a combined $1.2 billion in stimulus money to build rail projects — $810 million for a train from Milwaukee to Madison in Wisconsin and $385 million for a rail line linking Cincinnati, Columbus and Cleveland in Ohio — the governors turned it down.
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