GAO: Stimulus funds need more oversight:

A government report released Thursday warned that local officials are shorthanded and some states lack proper oversight in handling the deluge of new funding from the $787 billion economic stimulus.

The report also revealed that three states — Florida, Georgia and Ohio — have appropriated zero dollars for highway development despite being granted billions in road construction funds meant to spur job creation.

So much for "shovel-ready" projects... And also mentioned is the fact that many states are using the money to fund increases in Medicare and education spending, which will create a shortfall when the funds run out. This also has very little to do with job creation, which was the ostensible purpose of the stimulus bill anyways.