President Barack Obama will issue regulations on March 13 detailing how states can spend their stimulus money, Vice President Joe Biden said at Thursday's Recovery and Reinvestment Act Implementation Conference in Washington. Biden told state officials at the event that not all legal spending will be acceptable under the stimulus rules.

Stimulus Rules

The president's stimulus package
Has caveats in it galore
Sure they want states to spend all their money
They just want to know what its for
It doesn't matter if spending is legal
This isn't about legalese
It's about the economy build-up
Not doing just what they please
Joe Biden is watching the spending
He says there'll be no swimming pools
And the Congressmen are all in agreement
They don't want to be taken for fools
In six months the states will be graded
On how they have spent all this dough
If they spent it on things not that needed
The next time they ask, they'll hear NO!

mdailey
03/13/09