Xerox (ACS) for $6.4 billion. Why? Partly because ACS does a lot of work for government entities, processing Medicare benefits and all kinds of other stuff. Big businesses -- including Xerox and ACS competitor IBM, which is running ads all over p Read More
Tag: Economic Stimulus
Some states are being more stimulated than others. February's stimulus package included something called "Build America Bonds." Under the program, states can issue taxable debt to bondholders to raise money for infrastructure projects, rather than i Read More
Generations of young (mostly male) Americans have schooled themselves in basic auto mechanics, saving thousands of dollars in the bargain, by teasing years of service out of high-mileage cars given up for dead by their previous owners. For that guy Read More
exemplifies the federal stimulus bill at its worst. It's basically a helicopter drop of cash justified on the grounds that, after all, these folks need the money and will spend it--which, when you come right down to it, is justification enough for Read More
The question is posed by Money graf: The National Institutes of Health, the country's top research agency, is awarding recovery money to projects proposed long before the recession. With $8 billion extra dollars to spend on research, ag Read More
The Empire State will "shell out nearly $1 million to construct signs to put up near stimulus-funded projects, just to tell us it's a stimulus-funded project," . Governor Paterson doesn't seem to have a problem with it, though. Read More
Congress is set to approve an add-on to the February stimulus law that will allow public-transit agencies, including New York's state-run Metropolitan Transportation Authority, to spend 10 percent of their stimulus money on operating costs, rather th Read More
Governor Paterson today announced he's calling "Bold Steps to the New Economy." What's bold about the plan is not immediately apparent; what's new apparently boils down to $100 million in state grants to be doled out "over several years" to attrac Read More
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