Another Governor will Refuse Bailout Money

Another Republican Governor openly admits that not all of the monies that will be available to their state will be used. In a bold statement, this time Governor Palin of Alaska claims that she will only accept approximately 55% or 514.1 million out of the nearly 1 Billion dollars that is scheduled to arrive in her state from the Federal Government. Capital projects that she expects the money to be used for will be for transportation and aviation projects and the rest for water and sewage, public housing, a University of Alaska Fairbanks research vessel and other smaller projects. Every one of these projects will be designed with the idea of creating jobs. Another reason for the refusal of the money is that the monies will only be available for a maximum of 2 years. After that time, the funds will no longer be available, and she doesn't see it necessary to try and fund temporary projects that would not survive after 2 years. She says thanks, but no thanks for the money.