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...million state fund that provides rebates to homeowners and businesses who install solar panels had been entirely disbursed in October after a mere 22 months, though the funds were expected to last up to four years...
...footprint. A 500-kilowatt photovoltaic solar array—approximately 2 1/2 football fields long—is in development for the rooftop of The Arsenal, the largest building at the Harvard-owned Watertown office complex. Harvey added that this project would not have gone forward without the $1.1 million grant from the state’s Commonwealth Solar rebate program...
...leftover bank-bailout funds for small-business loans (as of the end of October, the so-called TARP program still had $300 billion left). And Senator Jack Reed, a Rhode Island Democrat, has taken inspiration from Germany's successful weathering of the financial crisis and proposed a $600 million fund to subsidize workers who volunteer to have their hours cut back to help companies avoid layoffs...
...billion of it has been spent thus far, though money continues to go out the door at a steady pace. The Congressional Budget Office credits the bill with increasing U.S. GDP between 1.2% and 3.2% and estimates that it has created or saved between 600,000 and 1.6 million jobs...
Still, given that more than 3 million jobs have been lost since Obama took office - and in that time his approval ratings have plummeted - Congress feels more must be done. Indeed, the Congressional Black Caucus, upset that Main Street, and especially hard-hit black communities, has received little aid compared with the $700 billion Wall Street bailout, last week held up a crucial vote on financial regulatory reform, an Obama Administration priority. And some 128 House members, including 17 Republicans, have banded together to form the Jobs Now! Caucus, working with the leadership to craft a jobs bill...