Friday, March 20, 2009

Mississippi Republicans: Thanks for the Stimulus, Mr. President!

The Associated Press is running an interesting story today: http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&date=20090320&id=9715786

The AP reports that two influential Mississippi Legislators -- both Republicans -- are grateful for President Obama's stimulus package.

Yes, you read that correctly. The AP reports:

Mississippi is set to receive from about $2.5 billion to $2.8 billion in federal stimulus cash between October 2008 and December 2010. Barbour said some federal agencies are still setting regulations for the money.

Some lawmakers say the federal money will pad the state budget and could help head off the possibility of deep cuts in services or layoffs of workers.

"Without the stimulus, we'd be in one heck of a bind," said Rep. Herb Frierson, R-Poplarville.

* * * *
Senate Appropriations Committee Chairman Alan Nunnelee, R-Tupelo, said some of the federal stimulus money will be used to restore budget cuts Barbour made this year to public education.

With the infusion of federal money and the use of some — but not all — of the state's financial reserves, Nunnelee said, "we will be able to limp through the fiscal years that we have in front of us."

Makes you proud to have supported the President, doesn't it?

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