Friday, March 6, 2009

Governor Releases Stimulus Money Details

Helena-Friday Governor Brian Schweitzer gave details of the more than eight hundred million recovery and investment dollars from the federal government.
The funding is slated to be invested in Montana over the next 28 months, but the legislature must pass the so called Montana Reinvestment Act first.
The Governor says it will help create or retain 11 thousand jobs.
House Appropriations chairman Rep. Jon Sesso, D-Butte says the bill will be introduced in committee Wednesday.
Sesso says the appropriations committee has worked hard on the budget to understand what might be coming.

"We have one chance to get this right, and we are going to get it right. On behalf of the families who we represent the people we represent, the families across Montana, it's very important that we make the best of this opportunity and put Montana back to work and we're gonna do that."

Governor Schweitzer says legislators have until April 3rd for him to sign off on the Montana Reinvestment Act in order to get funds from the Federal government. Major proposals for the money include 51 million dollars for higher education which could fund a tuition freeze for the Montana University System. More than 211 million dollars will go towards rebuilding infrastructure like highways and bridges. Schweitzer also proposes about 10 million dollars to put the wood products industry back to work.

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