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Article in ABJ:
http://www.bizjournals.com/austin/stories/2010/01/04/daily33.html
I happen to resonate with one of the reader'a comments:
This is a wasteful re-circulation of OUR taxpayer dollars (minus a large % to layers of bureaucratic losses) back to "stimulate" us. Basically, we're going further into debt to pay ourselves to re-train people on skills that are unnecessary. ...
However, since the money has already been spent, I hope it does help out locally.