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Search Tags: Earl Devaney
Pundits may question whether Congress should have approved $804 billion in stimulus money via the Recovery Act of 2009. But many in government have come to realize that the independent agency charged with overseeing how that money was spent -- the Recovery Accountability and Transparency Board -- has a lot to teach financial managers about ensuring transparency and rooting out waste in government spending.
Tags: Recovery Act , RAT Board , Kathleen Tighe , Danny Werfel , Michael Wood , transparency , technology , financial accountability , financial management , Rise of the Money People , Michael OConnell , OMB , oversight
Over the last three years, agencies understood the problem better, improved how they tracked the information and used advanced data analysis tools to lower the governmentwide rate to 4.69 percent from 5.42 percent in 2009. While the amount of money improperly paid out hit a high of $125 billion in 2010, Danny Werfel, the Office of Management and Budget's controller, expects it to drop for a second consecutive year, below the $115 billion mark in 2011.
Tags: management , improper payments , Danny Werfel , Kathy Tighe , Recovery Accountability and Transparency Board , Government Accountability and Transparency Board , OMB , Education , fraud, waste and abuse , Obama Impact , Jason Miller
President Barack Obama announced he will appoint Richard Ginman, the director of Defense Department procurement policy, to chair the Government Accountability and Transparency Board (GATB), a spending and transparency watchdog. Ginman has served as the director of Defense Procurement and Acquisition Policy (DPAP) for a little more than year.
On the In Depth show blog, you can listen to the interviews, find more information about the guests on the show each day and links to additional resources. Across-the-board mandatory cuts have a lot of people on edge, especially those who work closely with the Defense Department. Across-the-board mandatory cuts have a lot of people on edge. But some of the rhetoric could be overblown, says Benjamin Friedman, a research fellow in defense and homeland security studies at the Cato Institute.
Agencies and lawmakers, seeking to implement accountability and transparency practices governmentwide, are taking a page from the Recovery Board's playbook. One of the successes of the RAT Board was in changing the way agencies dealt with erroneous or improper payments, said Earl Devaney, the former chairman of the Recovery Accountability and Transparency Board and now a senior adviser at Reznick Government.
Kathleen S. Tighe, the inspector general of the Department of education, will succeed Earl Devaney as chairman of the Recovery Accountability and Transparency Board. She will oversee the board's final 21 months, as Recovery process winds down.
The outgoing chairman of the Recovery Accountability and Transparency Board said the work of the oversight agency was transformational in its way of approaching catching and preventing fraud.
Earl Devaney said he is stepping down as the head of the Recovery Board, created to oversee spending under the $787 billion stimulus fund program.
That's the rationale behind a new feature of Recovery.gov.
Recovery.gov has a new look -- and displays more info.