How has the stimulus plan been working?

According to the most recent figures published by the government on recovery. gov, a total of $16 billion in federal contracts has been let which created a total of 30,382 jobs as of October 14.

In the state of Vermont a total of $12,696,664 in stimulus money on federally let contracts has been spent which created a total of 28 jobs.

In the rank of states, Vermont is 49 out of 52 reported which include Washington, D.C. and Puerto Rico.

Ranking first in job creation was Colorado with 4,695 jobs.

Vermont ranked just ahead of New Hampshire where only 22 jobs were created.

To date, no loans have actually be funded and no grant money has actually been spent.

However, there is money in the pipeline for a number of towns, institutions and businesses in this state according to the government web site.

To date a total of 14 contracts have actually been awarded with a value of $2,681,880 while the government will, at some point, be making 415 direct grants totaling $551,530,700.

Then, there will be 238 loans totaling $90,954,673 which are somewhere in the pipeline.

In the immediate area, Norwich University is to be awarded $736,517 while the town of Northfield is to get $30,837.

Vermont State College in Randolph will receive $586,834 while the town of Randolph is to receive $15,414. The most money to be received by any town to date according to the site is Waitsfield with a total of $5,514,000.

Additionally, according to the web site, there are a number of businesses in and around the area that will be receiving money. The site does not state for what reason they are receiving it of whether it is a loan, grant or payment on a contract that has been let.

E. F. Wall and Associates, Inc. will be receiving $1,704,833 while Tesdrug, Inc. will receive $774,900 and GSG, Inc. a total of $1,500,000. A number of other businesses are on the list as well.

The Barre Housing Authority will receive $632,246 while Community Capital of Vermont will receive $99,000 and the Central Vermont Community Action Agency will receive $294,347.