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The government watchdog overseeing economic stimulus spending said Thursday that, in its rush to take credit for saving hundreds of thousands of jobs, the Obama administration was overly confident in its job-counting and did not acknowledge significant errors in the figures.
VP, Ingram Micro
President, Topside Consulting
October 19th, 2009
Recovery Accountability and Transparency Board's Earl Devaney on reporting of federal stimulus funding: "it went fabulous." Now the data makes its way to the federal site designed to shed light on Recovery Act spending.
Work continues at the Recovery Accountability and Transparency Board on the next version of the Recovery.gov website. The head of that board gives a Senate oversight committee a progress report on other efforts to track all that stimulus spending.
When you get past the national headlines, the American Recovery and Reinvestment Act of 2009 is about helping people at the state and local level hurt by the national economic downturn. On Tuesday, the Greater Washington Board of Trade heard from White House advisors and Federal agency managers who came to help business leaders get their local share of the federal stimulus program.
A political pawn's purpose is simple. And there are two kinds of pawns--those who see it coming, and those who don't.