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Thursday, September 09, 2010

Ed Schultz broadcasts from 30 Rock in New York City.



"Ed Asks...will you march with me?"

Lets all join together and march as "ONE NATION" in Washington DC on October 2nd


click here for details...


Plus...

President Barack Obama said that the Quran-burning plan by a Florida pastor was "destructive" a "recruitment bonanza for al-Qaida." WE'll bring you the latest.

Actor Kelsey Grammer is an investor and public face supporting a new network that has launched with entertainment designed to appeal to political conservatives. We'll talk about it.

President Barack Obama defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday. We'll give you the details.
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Killer Politics

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News
States aren't using stimulus funds as intended

Posted on 7/8/2009

The Obama administration hoped spending $787 billion in stimulus would jump-start the economy, build new schools and usher in an era of education reform.

States Setting Aside Plans
So far, government auditors say, many states are setting aside such grand plans and simply trying to stay afloat.

The Government Accountability Office says the stimulus is keeping teachers off the unemployment lines, helping states make greater Medicaid payments and providing a desperately needed cushion to state budgets.

Short Term Spending
But investigators found repeated examples in which, either out of desperation or convenience, states favored short-term spending over long-term efforts such as education reform.

2 Million Jobs Lost
Since Obama signed the stimulus bill in February, the economy has lost more than 2 million jobs.

9.5% Unemployment
Unemployment now stands at 9.5 percent, the highest in more than a quarter century.

Read the USA Today story

Read: Audit finds states using stimulus to stay afloat

Read: Obama Stands to Be Judged on Economic Recovery



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