Heritage Foundation Senior Research Fellow Ron Utt exposes the smoke and mirrors of Obama’s so-called stimulus package here. As they say, the devil is in the details and Utt uncovers a lot of the deceptive details in his analysis.

A sample: 

The largest
infrastructure component of the bill is the $27.5 billion for highways,
most of which will be distributed by existing formulas to the states,
territories, and Indian tribes. The delay begins with the provision
that states have up to one year to obligate the money, meaning
only that they have to identify a project and set aside money for it.
Still to be done might be the design and engineering work, request for
bids, and the selection of the winning contractor.

Under this
new law, projects that should be given “priority” are those that can be
done within a three-year timeframe, but the definition of the timeframe
is never specified, in contrast to other limits in the bill that define
it as beginning with the enactment of the act. However lax this
definition might be, the three-year limit is merely a legislative
preference, not a requirement, and there is no prohibition against
approving projects that may take longer.