In June, we wrote that two issues confronted the Stimulus Bill, one was the obvious issue - the effect of such borrowing and spending on debt and monetary value, the second was in our words, "the difficulty of arranging all this financing".
So it was with great interest that we read, "Tracking the Stimulus", in the August 28, 2009 energyBiz insider. According to Ken Silverstein, Editor-In-Chief of the insider, of the $787 billion allocated under the American Recovery and Reinvestment Act of 2009 ("ARRA"), about $154 billion has been committed. And of that $154 billion, much of it has still not been spent.
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