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Search Tags: Kathleen Tighe
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 , Earl Devaney , Danny Werfel , Michael Wood , transparency , technology , financial accountability , financial management , Rise of the Money People , Michael OConnell , OMB , oversight
Education Department Inspector General Kathleen Tighe talks about targeting student loan fraud. Stan Soloway, president of the Professional Services Council, shares what he and the council's members hear about sequestration. Peter Kasperowicz, reporter with The Hill newspaper, discusses the likelihood of Congress avoiding a government shutdown.
Over the past few years, unimplemented agency inspector general recommendations that could potentially save the government billions of dollars have piled up. Now, with $85 billion in automatic budget cuts kicking in, lawmakers on the House Oversight and Government Reform Committee are telling agencies there's no excuse for them to further delay implementing the cost-saving measures and best practices identified by their IGs.
The RAT Board is a model for government-wide spending oversight, and bipartisan legislation in both the House and Senate could make the RAT Board a permanent fixture in overseeing federal spending.
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.