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Published: 2009-02-16 17:06:00
Updated: 2009-03-09 17:12:54

Stimulus package disappoints Perdue, pleases Etheridge


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The $787 billion economic stimulus bill Congress approved last week left Gov. Beverly Perdue seeing the glass half-empty and Second District Congressman Bob Etheridge seeing it more than half-full.

North Carolina's cut of the package, which President Barack Obama is expected to sign into law Tuesday, could total about $6 billion. The money will help build roads, bridges and schools across the state.

"I think the infrastructure money is fair, (but) it's not as good as it could have been," Perdue said Monday. "At this point in time, anything is better than nothing. At this point, it's great to have a partner in Washington."

The overall package includes tax credits of up to $400 each for workers, $70 billion to spare millions of Americans from paying the alternative minimum tax and $36 billion to extend unemployment benefits.

Perdue said she was hoping for more federal money to help bolster North Carolina's Medicaid program. Without it, the state is still in the hole for about $150 million, she said.

"It's not exactly what I hoped for, (but) it's great money. It's going to put some people directly to work," she said.

North Carolina has the nation's sixth-highest unemployment rate, at 8.7 percent in December, and Perdue said creating jobs is her first priority for using the federal money.

"I want to be the poster child in America for how you use this money to put people back to work very efficiently and how you rebuild basic infrastructure of the state," she said.

She plans to name a task force Tuesday that will oversee how the stimulus money is spent, noting that if North Carolina works faster than other states to invest the money, more federal funding could become available.

About $553 million of the stimulus money will go toward school construction statewide, an idea Etheridge has been pushing for months.

"I don't know of a better base you can build than building quality facilities for children to learn in who will be the leaders in the 21st century," he said. "The future will belong to the educated, and the better educated our children are, the better they will be able to compete."

Rosa Gill, chairwoman of the Wake County Board of Education, said some area schools are more than 50 years old and are in dire need of maintenance.

"We want all of our students to enjoy modern facilities so they can enjoy a positive learning experience," Gill said. "We can use any amount of money ... for renovation. That seems to be the most difficult funding we can get."

The money could create as many as 11,000 school construction jobs, and the stimulus package will help school districts avoid paying interest for construction bonds, Etheridge said.

It's still unclear how other money will flow to Raleigh, Durham and other municipalities hoping to receive cash for specific projects, but Perdue promised, "Every single dollar that is invested in the state ... will benefit citizens."


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We live in a world now where people think they are entitled to everything free!

Where would any of you spend this stimulus money? What businesses would you support and which ones would you not support? Think hard before you fly off the handle and talk junk to me, I don't like this one bit either. All the construction crews have cars, houses, and other bills to be paid. The construction companies have alot of other indutries and businesses that support them also. I haven't seen anyone come up with a better solution, other than having no stimulus at all which is what I'm for. I work for the state too by the way.

Poor Bev, she will not get all the money she thought she would to bail her out of the mess our state is in.. HOW ABOUT CUTTING SOME SPENDING!!! I guess that idea is too conservative.

HOW ABOUT SAVING MONEY BY CUTTIBG THE HUGE SALARIES OF THESE GOVERNMENT OFFICIALS THAT ARE SUPPOSED TO ACT IN OUR BEST INTERESTS. LET THEM DO THE WORK THAT WE THE PEOPLE DO ON OUR SALARIES AND THEN HEAR THEIR SO CALLED STIMULOUS IDEAS.

Some of you need to be reminded that its going to be a while before we get out of this financial crisis, so do yourself a favor and save your breathe.

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You are kidding, right?

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