Obama's incompentance continues..."Still Writing Stimulus Rules"

Obama wants states to move forward without any knowledge of the actual restrictions of the fed money...not a wise move for the states and a complete disregard for state sovereignty by Obama.

Washington Still Writing Stimulus Rules As States Clamor for Money
Tuesday, March 17, 2009By Matt Apuzzo and Brett J. Blackledge, Associated Press

Washington (AP) - President Barack Obama wants governors
to hurry up and begin building bridges and schools to revive the economy. His
administration is learning that spending $787 billion as quickly and
transparently as promised is no easy task.

States wanting desperately to tap into the new money are having trouble keeping track of the application deadlines and requirements in the 400-page stimulus bill. Governors must sign pledges saying they'll spend the money appropriately, but the administration is still figuring out what the rules are.

"Well, that's kind of scary," said Richard Eckstrum, South Carolina's
comptroller general.

Hanging over all of this are two threats. The first was written into the law, saying that if states miss a deadline or don't spend the money fast enough, they lose the cash. The second was delivered by Vice President Joe Biden, who said last week that if states misspend the money, "don't look for any help from the federal government for a long while." more...