Friday, January 16, 2009

$318 Billion For state and local governments, including non-profits receiving grants




TPM reports on who's getting new federal bailout money:
In the $105 billion education section alone, money is broken down and disbursed using eight separate funding formulas.

As Obey explained, this complexity is in part to avoid anxiety over giving huge amounts of cash to state governors to spend as they see fit (read: Rod Blagojevich). The total amount being given to state and local governments, including non-profits receiving grants, is $318 billion.
The coalition for confiscating wealth by majority voting.