New York Outlines Stimulus Spending

By WBNG News

July 22, 2010 Updated Feb 25, 2009 at 7:51 PM EDT

New York will accept 24 billion dollars offered to the state in the Federal Stimulus Package.

The President laid out how its supposed to work in a televised address last night.

Action News reporter Gabe Osterhout tells us New York will spend the money.

Governor David Paterson and other state leaders say they'll spread stimulus money among major infrastructure projects.

Transportation, energy, water and sewer and state-wide broadband service.

"We want these projects to be transparent so there is no waste in the process. We want them to be immediate so we can get people back to work as soon as we possibly can and we want them to be effective," Paterson says.

Stimulus money will also help support housing, education and health care.

Leaders will look to fund projects that are consistent with the goals Paterson outlined in his state of the state address.

"A lot of the energy money is discretionary programs for advanced battery manufacturing, alternative fuel pilot programs, transportation electrification and to support research," says deputy secretary Tim Gilchrist.

If people could tell state leaders how to spend the money, they would say...

"I'd like to see some reduction, some tax reduction, some homeowner reduction," says Ray Stanton of Binghamton.

"Fixing the roads. The roads are really messed up right now," says Liz Van Barriger of Windsor.

People who spoke to Action News also say they understand the stimulus package a little bit more, after listening to President Barack Obama's speech to the nation.

"I kind of had an idea about what he was talking about but whether it can come to pass, that's something else," says Billy Gonser of Oneonta.

"There's other goodies that shouldn't be in there. Spend what you need, not the extra, that will come later on," says Frank Skierski of Endicott.

The state and nation will have to wait to see if what's spent now will produce the economic rebound the country needs.

Gabe Osterhout, WBNG-TV Action News.

Obama has said that state's will be monitored closely on how they use the federal funds.

Vice President Joe Biden warned state leaders they could lose that money if it's not used properly.

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