Wednesday, May 6, 2009

Details Thin On Stimulus Contracts

President Obama, with Vice President Joseph R. Biden Jr., signed the $787 billion stimulus bill at the Denver Museum of Nature and Science on Tuesday. Ruth Fremson/The New York Times

From USA Today:

WASHINGTON — Although President Obama has vowed that citizens will be able to track "every dime" of the $787 billion stimulus bill, a government website dedicated to the spending won't have details on contracts and grants until October and may not be complete until next spring — halfway through the program, administration officials said.

Recovery.gov now lists programs being funded by the stimulus money, but provides no details on who received the grants and contracts. Agencies won't report that data until Oct. 10, according to Earl Devaney, chairman of the Recovery Accountability and Transparency Board, which manages the website.

Read more ....

My Comment: Why is anyone surprised? When it comes to oversight, Congress is the worse instrument to use.

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