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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (279979)	9/30/2010 5:51:55 PM
From: Les H	Read Replies (1) \| Respond to of 306849

Construction projects, government jobs and just about anything else that was dependent on emergency Federal stimulus dollars may be coming to an end today. Nearly $5 billion in TANF (temporary assistance for needy families) emergency contingency funds which were set aside in order to help boost the struggling economy, expires today. Congress approved the deal at the beginning of 2009. About $2.5 billion was paid out. The money went to cash-strapped states that were desperate to pay its' bills, boost employment and complete some much needed projects. According to the department of Health and Human Services, 36 states took advantage of the extra cash. 27 states "were creating or expanding subsidized employments programs with TANF Emergency Funds". As of March 2010, DHS claims stimulus money created about "250,000 jobs for low income individuals". liveshots.blogs.foxnews.com