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How Cities Are Using Stimulus Money

Posted by: Nate Berg

16 December 2009 - 11:00am

This infographic from GOOD tracks the top recipients of money from the federal stimulus package and how that money is being used.

"In February, the U.S. government passed the $787 billion Recovery Act, better known as the stimulus package, in an effort to breathe new life into a lagging economy. According to the website Recovery.org, nearly 20 percent of that money has been meted out in the form of contracts and grants. Much of it is flowing to cities for projects like building new roadways or greening federal buildings."

The graphic looks specifically at Los Angeles, Chicago, New York City, Phoenix, Houston and Philadelphia.

Full Story: Putting the Stimulus to Work
Source: Good, December 15, 2009
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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