Why Stimulus Spending Lags
One reason may be that corporate consultants are giving this advice to their clients about accepting stimulus funds. From a recent Deloitte report:
"Stimulus projects are likely to come with a thick string of transparency and accountability requirements, along with potentially severe financial penalties and, in some cases, possible prison time. These conditions may be extended not only to U.S. government contractors, but to companies undertaking federally funded projects for state and local governments."
