Content Tagged As stimulus

3 years 10 months ago

Colorado summit on stimulus spending

Denver city auditor Dennis Gallagher says the federal stimulus program is working, but it presents unprecedented challenges to auditors keeping track of the money. Gallagher says most financial audits examine spending after the money has been spent. He said Colorado is one of 16 states under a microscope by...

4 years 1 month ago

VP Biden says stimulus is working

Vice President Joe Biden says the economic recovery act deserves credit for creating or saving upward of 2.8 million jobs so far, with thousands more projects coming soon in a busy summer of construction. At the White House Thursday, the vice president told reporters: "Folks, the act is working."...

4 years 4 months ago

Less stimulus for minority firms

The Obama administration is hearing a rising chorus of demands to steer more stimulus money to Hispanic and black businesses. Those businesses are getting a disproportionately small number of federal stimulus contracts. Latinos own 6.8 percent of businesses but have received only 1.7 percent of federal stimulus contracts recorded in...

4 years 4 months ago

Pelosi visits Colorado

House Speaker Nancy Pelosi visited Broomfield to promote the federal stimulus package. A project to widen U.S. 36 between Boulder and Denver is getting a $10 million competitive grant as part of the stimulus act, which was passed a year ago. The project was one of 51 selected nationally for...

4 years 5 months ago

President defends stimulus in Denver

Defending the economic stimulus bill and reaching back to Harry Truman to bash Republicans who opposed it, President Barack Obama said the public is fed up with partisan game-playing in Washington. Obama on Thursday spoke at a fundraiser for Sen. Michael Bennet of Colorado, who was appointed to office...

4 years 5 months ago

White House defends year-old stimulus

It's the fist anniversary of President Barack Obama's economic stimulus plan and he's sending top administration officials out to defend it. Cabinet members will fan out across the country to try to calm an anxious public as Democrats head into potentially devastating midterm elections. A weeklong push to highlight the...

4 years 5 months ago

State: Stimulus funds create, save 7,200 jobs

State officials say federal stimulus spending saved or created the equivalent of about 7,200 full-time jobs in Colorado the final three months of last year. State officials said Friday that roughly 70 percent of the jobs were positions retained in higher education and state prisons. A new report says that...

4 years 6 months ago

Colorado rural areas get federal energy grants

Agencies across Colorado have received grants totaling $2.2 million in federal stimulus funds for plans to save energy and create jobs in rural communities. The Governor's Energy Office announced Monday that the grants will pay for local coordinators to work with communities and businesses. The positions will be administered by...

4 years 9 months ago

Wind farms expand with help of federal aid

The nation's wind industry is continuing to open new wind farms with the help of nearly $1 billion in federal stimulus grant money. The American Wind Energy Association reported Tuesday that developers installed 1,649 megawatts of wind power capacity--enough to serve the equivalent of 480,000 average households--in the third quarter....

4 years 9 months ago

Stimulus report includes Colorado jobs data

Initial data from a government oversight board shows that on paper, Colorado gained the most jobs of any state in the first months of President Barack Obama's stimulus program. The report released yesterday says businesses reported creating or saving more than 30,000 jobs nationwide. Colorado recorded more than 4,700 jobs,...

4 years 9 months ago

Students dig in to construction fair

There are jobs to be had in construction thanks to stimulus money. According to the Governor's office, over 3,500 people went back to work last month in Colorado alone. In order to attract younger workers to their ranks, local construction companies and unions Wednesday hosted the Colorado Construction Careers...

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