Cities’ Plans to Swap Cash for Stimulus Are Stopped
Breaking • March 2009 • Views: 367
So let me see if I understand this correctly: BHO’s Stimulus $$ has already lost 40 cents on the dollar??
“In a letter to city officials, the transit agency provided a list of cities that would not be able to use their allocation. Last week, when the financing streams were announced, cities, many of them facing deficits and hard choices, moved to exchange the transportation money for cash, at about 62 cents on the dollar. “