On Friday, the New York Times reported that four agencies responsible for implementing the financial reform bill are announcing new... View ArticleContinue reading
More than a year has passed since President Barack Obama signed the American Recovery and Reinvestment Act. Federal agencies have been distributing some $787 billion appropriated by the act to jump start the economy. According to Recovery.gov, the Web site that tracks spending under the act, about 40 percent of that money has been spent, sent around the country in the form of contracts, grants, loans, tax benefits and entitlements.
The huge spending bill included funds for a mechanism to track spending under the bill, but getting a sense of which agencies have awarded the most money, or which ...
In his State of the Union Address late last month, President Barack Obama declared - to great applause - that there were two million Americans working now who would otherwise be unemployed if not for the American Recovery and Reinvestment Act, better known as the stimulus.
Three days later, the same night that Recovery.gov released a slew of new data on individual projects funded by the stimulus, the site Web ticker that tracks the total number of jobs reported by recipients dropped from 640,349 to 599,108.
Did we suddenly lose 40,000 jobs? And didnt the President say that ...
The Congressional Research Service just released a report entitled “Lobbying and the Executive Branch: Current Practices and Options for Change.”... View ArticleContinue reading
NextGov reports on positive side-effects of the stimulus’ disclosure and transparency provisions: Technology that states have deployed to report how... View ArticleContinue reading
Recovery.gov is supposed to be a transparency clearing house for information on the federal stimulus spending appropriated in the $787... View ArticleContinue reading
Earlier today, I gave a presentation on the executive branch’s lobbying disclosure rules to the American Bar Association’s Section of... View ArticleContinue reading
Recovery.gov posted information today showing that 30,383 jobs have been created or saved by the federal contracts that have been awarded through the American Recovery and Reinvestment Act. So far, $16 billion has been disbursed by 9,100 contracts. The federal government is spending more than $525,000 spent on every job they saved or created.
The release covers just a sliver of stimulus spending: Most recovery money is in the form of grants and loans to the states; data from that spending--including recipient and jobs data--will be available at the end of October. So far, federal contracts ...Continue reading