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The Daily Cardinal Est. 1892
Tuesday, November 26, 2024

State may receive $3.5 billion from stimulus bill

According to a recent estimate, Wisconsin could receive $3.5 billion from the U.S. House of Representatives' federal economic-stimulus proposal. 

 

The National Conference of State Legislatures released a breakdown Friday, prepared by Federal Funds Information for States, of each state's estimated portion of the stimulus. 

 

President Obama has requested the federal stimulus bill be passed by mid-February. The U.S. Senate is currently working on its own version of the stimulus plan.  

 

Jeff Hurley of NCSL said the state will not see benefits from some of the federal funding for two years, but some of it will be distributed immediately. 

 

A lot of it has to be allocated within the next 30 days, 60 days, 90 days '¦ In that sense it should help right away,"" Hurley said.  

 

Hurley said he expects Wisconsin to see its stimulus first used in the areas of education and highway construction and maintenance.  

 

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The House Appropriations, Transportation and Infrastructure Committees also released figures about Wisconsin's expected share of the stimulus package and estimated the state will receive around $3.2 billion. 

 

According to their estimates, roughly $13 million would go toward educational technology, $317 million toward education modernization, renovation and repair and $312 million to increase the need-based Pell Grant maximum award. 

 

Gov. Jim Doyle's new Office of Recovery and Reinvestment will allocate the state's stimulus funds. 

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