Failing to Fill the Holes in State Budgets: Why the Recovery Act Spending on Infrastructure Fell Short
New American Foundation: “Contrary to public perceptions, only a small portion of the Recovery Act was dedicated to infrastructure investment. According to our calculations, of the $787 billion originally allocated for the Recovery Act, only about $92.5 billion was spent on infrastructure, or roughly 12% of the final package (see chart below). The majority of …