The website launched to track spending tied to the stimulus bill is
riddled with incomplete data and excludes companies that have become
politically inconvenient for the Obama Administration.
Recovery.gov was launched in 2009 to track the roughly $800 billion allocated for the American Recovery and Reinvestment Act. The site was the “centerpiece of the administration’s oversight plan,” according to Michael Grabell, author of Money Well Spent? The Truth Behind the Trillion-Dollar Stimulus, the Biggest Economic Recovery Plan in History.
“Instead of politicians doling out money beyond a veil of secrecy, decisions about where we invest will be made transparently,” Obama declared when he announced the program. “Every American will be able to hold Washington accountable for these decisions by going online to see how and where their taxpayer dollars are spent.”
“All of this is very transparent,” Transportation Secretary Ray LaHood said in a town hall meeting in St. Cloud, Minn., in 2009. “Any of you as taxpayers could go on Recovery.gov right now, any time, today, tonight, 24/7, and find out where the money’s being spent.”
In practice, though, some of the administration’s biggest Recovery Act projects are hard to find, or list smaller dollar amounts than originally announced.
One notable absence from Recovery.gov is Fisker Automotive, a project the Energy Department listed as one of its “Recovery Act success stories” in a memo on its Delaware stimulus efforts. Fisker was approved for a $529 million conditional loan guarantee to re-open a GM plant in Delaware and begin producing its electric car, the Karma.
Read more: http://freebeacon.com/recovery-dud/
Recovery.gov was launched in 2009 to track the roughly $800 billion allocated for the American Recovery and Reinvestment Act. The site was the “centerpiece of the administration’s oversight plan,” according to Michael Grabell, author of Money Well Spent? The Truth Behind the Trillion-Dollar Stimulus, the Biggest Economic Recovery Plan in History.
“Instead of politicians doling out money beyond a veil of secrecy, decisions about where we invest will be made transparently,” Obama declared when he announced the program. “Every American will be able to hold Washington accountable for these decisions by going online to see how and where their taxpayer dollars are spent.”
“All of this is very transparent,” Transportation Secretary Ray LaHood said in a town hall meeting in St. Cloud, Minn., in 2009. “Any of you as taxpayers could go on Recovery.gov right now, any time, today, tonight, 24/7, and find out where the money’s being spent.”
In practice, though, some of the administration’s biggest Recovery Act projects are hard to find, or list smaller dollar amounts than originally announced.
One notable absence from Recovery.gov is Fisker Automotive, a project the Energy Department listed as one of its “Recovery Act success stories” in a memo on its Delaware stimulus efforts. Fisker was approved for a $529 million conditional loan guarantee to re-open a GM plant in Delaware and begin producing its electric car, the Karma.
Read more: http://freebeacon.com/recovery-dud/
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