Posts Tagged ‘stimulus’

CBO: Bailout clipped taxpayers for $25B

by Published: November 30,2010

Tags: stimulus

WASHINGTON — Congress’ independent budget agency says the cost to taxpayers of the contentious $700 billion financial rescue has dwindled down to $25 billion. The Congressional Budget Office estimates that as of this month the government will recoup most of the money spent. The $25 billion represents unrecovered money spent to bail out insurance giant […] [...]

2011 Miss. budget won’t have $700 mil in stimulus

by Published: November 9,2010

Tags: state budget cuts, stimulus

JACKSON — Mississippi budget analysts have told lawmakers that the Legislature used $700 million in nonrecurring funds to plug recurring costs in the current budget. Those funds – mostly federal stimulus dollars – will go away this year. The 14-member Legislative Budget Committee gathered Monday to start developing a proposal for the 2011 session. During […] [...]

Miss. could get $13.2 mill for small businesses

by Published: October 8,2010

Tags: small business, stimulus, U.S. Treasury Department

WASHINGTON, D.C. (AP)–In an effort to loosen loans for small businesses, Mississippi could get up to $13.2 million from a newly created $30 billion fund, the U.S. Treasury Department said Friday. The fund is part of a bill to aid small businesses and encourage hiring signed by President Obama on Sept. 27. Under the new […] [...]

State’s application for education funding approved

by Published: September 16,2010

Tags: economy, education, stimulus

JACKSON — Mississippi has received approval of its application for $97.8 million in federal stimulus money for its schools. U.S. Secretary of Education Arne Duncan made the announcement in a news release. Mississippi was one of seven states and the District of Columbia to receive application approval. Gov. Haley Barbour applied for the money last […] [...]

Barbour to superintendents: Hang onto stimulus money

by Published: September 10,2010

Tags: economy, education, stimulus

ACROSS MISSISSIPPI — Gov. Haley Barbour is telling school districts it might be smarter to save their federal stimulus money for next year rather than spending it all this year. Barbour said in a news release yesterday that he’s applying for $98 million in federal stimulus money. That’s Mississippi’s share of education funding from a […] [...]

MDA reopens ARRA-funded appliance rebate program

by Published: September 2,2010

Tags: appliances, energy, recession, retail, stimulus

JACKSON — The Mississippi Development Authority (MDA) has reopened for additional consumer reservations the State Energy Efficient Appliance Rebate Program (SEEARP), a first-come, first-served program encouraging Mississippians to replace old, inefficient appliances with new energy-efficient ENERGY STAR-qualified appliances. 
 The SEEARP, funded by the American Recovery and Reinvestment Act, kicked off April 22, and within […] [...]

Barbour mulling saving, not spending, stimulus money

by Published: September 1,2010

Tags: recession, state budget, state government, stimulus

JACKSON — Republican Gov. Haley Barbour and a bipartisan group of Mississippi lawmakers are considering saving, rather than spending, one of the two pots of federal stimulus money Congress recently approved. Doing so could make it easier for officials to craft a state budget during the 2011 election-year session when most lawmakers are either seeking […] [...]

Biden glosses over woes of ARRA-funded program

by Published: August 27,2010

Tags: real estate, recession, recovery act, stimulus

FRESNO, Calif. — Vice President Joe Biden says the Obama administration “hit the accelerator” toward spending $5 billion under the economic stimulus law to weatherize people’s homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence. Yet the weatherization program Biden highlighted in his visit yesterday to […] [...]

Barbour decides to take stimulus money

by Published: August 20,2010

Tags: education, recession, stimulus

JACKSON — The State of Mississippi will apply for $98 million for school districts from the recent education stimulus bill passed by Congress, Gov. Haley Barbour told legislators, superintendents and school board members in letters. The Governor’s Office has been assured by federal officials that Mississippi meets the requirements allowing states to access the funds. […] [...]

Schools to get $47M in stimulus funding

by Published: August 17,2010

Tags: education, recession, stimulus

WASHINGTON — U.S. Secretary of Education Arne Duncan says Mississippi will receive $47 million to help improve the state’s most low-performing schools. The money is part of the $3.5 billion that will be made available to state’s this spring from the 2009 budget and the American Recovery and Reinvestment Act. Duncan says in a news […] [...]

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