Fiorina: Fed Stimulus Program Is a Failure

Thursday, Jul 1, 2010  |  Updated 6:45 AM PDT
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Fiorina: Fed Stimulus Program Is a Failure

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April 15, 2010: Republican candidate for U.S. Senate and former HP CEO Carly Fiorina speaks at the 2010 Tax Day Tea Party in Pleasanton, Calif.

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Republican Senate candidate Carly Fiorina is maintaining the federal government's $862 billion stimulus package did little for job-creation.

The former chief executive of Hewlett-Packard Co., tells ABC's "Good Morning America," she believes the Obama administration's stimulus policy has been a failure and that it must work harder to ease double-digit unemployment.

Fiorina is challenging incumbent Democratic Sen. Barbara Boxer in a state with 12.4 percent unemployment. Fiorina said Friday that passing stimulus legislation "isn't the way to create jobs."

Federal data analyzed by The Associated Press show that Hewlett-Packard, which Fiorina ran from 1999-2005, has been paid $22.5 million so far in stimulus money distributed to cities, school districts, hospitals and universities across the country.

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