I started wondering when the stimulus would move from plans to action … and when we asked questions it seems the money won’t come for a while. Yes the unemployed will get $25 more a week – and food stamps are going up an average of $38/month.
The larger program dollars – education, transportation and health care – won’t come for months. Our TV story is posted here.
One of the great frustrations is finding out what the money will be spent on. Formula funding accounts for 24% of the money. That’s money states know they will get. 38% is tax cuts. The other 38% are competitive grants. No one knows where that money is going because the rules to compete for them haven’t even been written yet.
What we were able to verify is the formula money – and what Texas expects to get. If you are interested – and it’s not too long – I’ve posted two state-created documents detailing Texas’ expectations. You can see them here.