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Biden Announces New Stimulus Goals, Including Road Projects

Vice President Joe Biden announced on Oct. 1 the Administration's new targets for a spend-out of Recovery Act stimulus money through year-end. In a White House statement, Biden set a goal of spending at least 60 percent of the $499 billion in Recovery Act funds by Dec. 31. Among nine specific goals, the statement said the Administration would like the Department of Transportation to have obligated enough funds to support 10,000 road projects by the target date.

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