Stimulus Transparency Fail
Posted September 28th, 2009 at 1.21pm in Ongoing Priorities.
The Denver Post reports:
The goal was to build a reporting system that allows the public to follow the zigzagging paths of dollars awarded under the $787 billion federal stimulus package. A financial GPS of sorts. But despite federal lawmakers’ pledge of transparency, the final stages of most money trails, along with key information about job impacts, will remain invisible to users of the Recovery.org website when it debuts next month.
Only details of a stimulus grant’s passage through its first two stops after it leaves the federal government must be reported, according to guidance memos from the White House Office of Management and Budget. That means billions of dollars will be untrackable and thousands of recipients will be left unidentified through the database, officials acknowledge.
“That isn’t transparent, and that’s the primary concern,” said Craig Jennings, senior policy analyst for OMB Watch, a Washington, D.C.-based think tank examining stimulus spending.
“You basically lose track of billions of dollars, and in many cases there will be a whole lot of interesting connections at the sub, sub levels of funding missed,” he said. “These are levels that need oversight to prevent waste, fraud and abuse.”
Officials with the Office of Management and Budget did not respond to requests for an interview.
Who could have possibly predicted this?

September 28, 2009 Bill San Antonio TX writes:
Instead of squeezing every dollar of fraud, waste, and abuse out of the “system”, we allow a broken oversight system to continue wasting and losing billions of dollars.
We are now borrowing, printing, allocating, and spending so much money that the waste can never be tracked. The amount by any definition is incomprehensible.
Congress should demand this stop but what incentive do they have? The truth is enough of them do not want to. Money is power. Why would Congress want to stop spending? They won’t even investigate or punish their own violators, unless it becomes so politically toxic they cannot stand by them.
The answer is always more taxation and more borrowing. Aren’t you glad government is looking out for you?
What is the incentive for the average person to even pay bills any longer?