The Stimulus Bill: Time to Start Following the Money

Now that the president has signed the stimulus bill, members of the Streetsblog Network have thrown themselves into the task of trying to figure out where all that money is going.

To that end, we're featuring Transportation for America's "Full Summary of the American Recovery and Reinvestment Act of 2009", a handy roundup of the act's transportation funding provisions. T4A is calling the act "a significant departure from the status quo [that] ought to represent the leading edge of a major new thrust in our national infrastructure policy."

They also offers an a peek at US DOT Secretary Ray LaHood's statement about the act:

As many around the network reported yesterday, tracking that spending is supposed to be made easier by the launch of Recovery.gov, the administration's newest website:

The Transport Politic has a brief analysis of the site.

We'll be taking a closer look at Recovery.gov in the days to come, but we're interested in hearing your reaction in the comments. Do you think such a website has a chance of delivering the "transparency and accountability" it promises?

From elsewhere in the network, grim news as the reality of cuts in transit operating budgets -- which were pointedly left out of the recovery bill -- kick in. Seattle Transit Blog reports on the possibility of 20 percent cuts in that city's system, despite strong voter support for increased service in the 2007 election. And at PBS's Blueprint America's blog, you'll find an excellent report on the nation's mass transit crisis that aired yesterday on The Take Away.