Recovery Act, Year 1
February 17th is already the one year anniversary of President Obama’s stimulus act; where has all the time (and money) gone? In the last year the unemployment rate has gone up, with the number of jobless American’s increasing from 12 million to 15 million, but the White House is assuring us that we are on the “Road to Recovery”. So, is the stimulus working? With such a lot of cash divvied up among numerous agencies, keeping track of all the stimulus money is a job in itself. Patt talks to a brave number-cruncher who has been keeping track of all the money since the giveaway began one-year ago.
Michael Grabell (GRAY-bell), reporter covering the stimulus for ProPublica