Monday, May 04, 2015

NEARLY $2 BILLION IN STIMULUS CASH "DISAPPEARED" INTO BALTIMORE: But They Need MOAR!

By Warner Todd Huston

As Baltimore burns to the ground by the thugs and rioters infesting the city, we now learn that far from being deprived of opportunity, Baltimore got $1.8 billion in Obama’s stimulus money to “help” the city.

Since the death of Freddie Gray the media and liberals have been making excuses for the riots in Baltimore and have been whining that the city has a lack of funds and jobs. But Obama sent the city nearly two billion dollars. So, what happened to that money?

The city of Baltimore received over $1.8 billion from President Barack Obama’s stimulus law, including $467.1 million to invest in education and $26.5 million for crime prevention.

President Obama claimed last Tuesday that if the Republican-controlled Congress would implement his policies to make “massive investments in urban communities,” they could “make a difference right now” in the city, currently in upheaval following the death of Freddie Gray.

However, a Washington Free Beacon analysis found that the Obama administration and Democratically-controlled Congress did make a “massive” investment into Baltimore, appropriating $1,831,768,487 though the American Recovery and Reinvestment Act (ARRA), commonly known as the stimulus.

According to Recovery.gov, one of Baltimore’s central ZIP codes, 21201, received the most stimulus funding in the city, a total of $837,955,866. The amount included funding for 276 awards, and the website reports that the spending had created 290 jobs in the fourth quarter in 2013.

What black hole did this money disappear into?

And why should we send ANY more money to Baltimore?


Read more Warner Todd Huston at PubliusForum.com.
 

1 comment:

Trigger Warning said...

And two zip codes out of 31 got the lion's share of that $2B.