WKYT | Lexington, Kentucky | News

Biden: Stimulus doing more than hoped

WASHINGTON (AP) - Vice President Joe Biden is trumpeting the economic progress he attributes to the president's $787 billion economic stimulus.

In a speech to be delivered later this morning, Biden says the program has been more effective than the administration had hoped. He says the money is "going farther and working harder" than anticipated. Over the past 100 days, he says the money has paid for 135,000 education jobs and the hiring or retention of 5,000 police, while goals for the number of highway projects, water systems and health centers have been exceeded.

He also rejects criticism that the stimulus was nothing more than "a grab bag of different programs," arguing that the broad set of programs being funded reflects the complex nature of the nation's economy. He says one tool alone "would never do all that needs to be done."

A Gallup poll last month found 51 percent of Americans wished the government would have spent less to stimulate the economy.

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