Vice President Joe Biden will claim Thursday that the $787 billion stimulus plan “is doing more, faster, more efficiently, and more effectively than we had hoped.” In a speech planned to mark the 200-day mark since the American Recovery and Reinvestment Act took effect, Biden will say that $62.5 billion in tax cuts have been delivered, $1.9 billion contracts have been awarded to small businesses, and more than 10,000 transportation projects approved. In many areas, he'll say that work has exceeded goals: *Work has started on 2,200 highway projects, for example, 700 more than the expected at this stage.
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Biden: Stimulus projects moving faster than expected