Obama: We have only begun to spend

Finally, an accounting--grossly inadequate as it is--of stimulus spending:

In the three months after the Democratic-led Congress approved Obama’s stimulus plan, the government doled out about 11 percent of the emergency stimulus funds, according to a progress report released by Biden’s office on May 13.

The administration says it will commit about 70 percent of the money by the end of the next fiscal year, less than the 75 percent that White House officials projected in February.

Now, let's have a more detailed accounting on how well the money is being spent, before pushing ahead with the release of more record amounts of pork.