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Obama visits Bethesda for stimulus announcement

Posted on behalf of Meredith Wadman Seven months after signing into law $10.4 billion in economic stimulus funding for the National Institutes of Health, President Barack Obama visited the Bethesda-based biomedical agency today to announce that…$5 billion of the money has been spent. Coming as it did on the last day of the government’s 2009 fiscal year, this “major Recovery Act announcement,” as billed by the White House, was in fact considerable testimony to the speed with which the huge agency can shovel money out the door when the pressure is on. After all, only nine days ago, according to 

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