JBeukema
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Answer Desk: Slow stimulus spending - Answer desk- msnbc.comWhen the government enacted a $787 billion package of tax cuts and new spending this spring, there was much talk about how all that money would help pull the economy out of a deep recession. But readers are asking: Just how much of this money has been actually spent? Turns out the answer is not much.Confidence in the stimulus money is beginning to wane. People are still waiting for billions of dollars to reenergize the economy. How much of the stimulus money has actually been doled out as of this week? What percentage of the total stimulus package and how many billions is that?
Christine, Address withheld
The idea behind the government's economic stimulus package was to get money flowing through the system, boost economic activity and create jobs. But an msnbc.com review of the latest federal spending data shows that the money is flowing at a trickle.