Jul 16, 2009 11:19 am US/Eastern
NY Slower To Spend Some Stimulus Funds
ALBANY (CBS) ―
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Vice President Joe Biden, left, stands with President Barack Obama, right, as he signs the American Recovery and Reinvestment Act at the Denver Museum of Nature and Science in Denver, Colorado, on Feb. 17, 2009. (File)
Jim Watson / AFP/Getty Images
Even as New York rushes to spend hundreds of millions of dollars in federal stimulus money for roads and bridges, billions more awarded for the likes of education, weatherization and criminal justice remain untouched.
A recent report from the U.S. Government Accountability Office identified more than $3 billion awarded to New York but unspent at the end of June.
The pace of stimulus spending has come under more scrutiny lately as Republicans in Washington ratchet up criticism of the Obama administration's job-creation plan.
But New York officials say it simply takes longer to ramp up spending in some areas, given the need to bolster transparency and long-term benefits. They say the spending is on target.
President Obama signed the $787 billion economic stimulus package in February.
(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
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