So they've done it. Lawmakers passed a nearly $800 billion stimulus plan - roughly the equivalent of an entire year's of discretionary government spending - in just over a month.
Now who's going to make sure all that money isn't wasted?...
The White House, again leveraging an online savvy that helped get them elected, created http://www.recovery.gov/ - a site where anyone can go and supposedly see exactly who is getting what...
We can't rely solely on the administration to self-police," he said...
"Generally, Congress had no record of ever actually doing anything with the oversight reports they get," said Brian Riedl...
read the CNN article
My thoughts: While attempting to prevent waste, fraud, and abuse is a good goal. A bailout bill that was passed out pure economic ignorance will do far more harm than a little waste.
No comments:
Post a Comment