04/19/2009 05:12 am ET | Updated May 25, 2011

Palin To Reject Almost Half Of Stimulus Money

Alaska Gov. Sarah Palin will reject almost half of the federal stimulus money available to her state, her office said Thursday.

"We will request federal stimulus funds for capital projects that will create new jobs and expand the economy," Palin said in a statement. "We won't be bound by federal strings in exchange for dollars, nor will we dig ourselves a deeper hole in two years when these federal funds are gone."

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