Reuters: U.S. government awaits effects of stimulus bill

From Reuters:

In the past 10 weeks, the U.S. government has allocated billions of dollars for transportation projects under a plan to revive the languishing economy, but the effects of the historic effort may not be seen for months, the Transportation Secretary said on Wednesday.  Of the $48.1 billion the American Recovery and Reinvestment Act gave to the Department of Transportation to invest immediately, some $44.8 billion has already been made available to state and local agencies, said Transportation Secretary Ray LaHood.  Some $8 billion of that has been granted to specific projects in 48 U.S. states and territories "and the figures are increasing every day," he told a hearing at the House of Representatives.