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  • American Recovery and Reinvestment Act

    Americans Don’t Need More of Obama’s Stimulus Spending

    In a series of campaign-style speeches, President Obama has laid out recycled economic proposals, which include yet another tax increase to pay for $50 billion in new infrastructure stimulus spending. This after Washington already spent $70.6 billion under the American Recovery and Reinvestment Act in 2009. The trouble is that … More

    Obama Administration Plans to Spend $150 Million for Green Energy Projects (Because It’s Worked So Well Before)

    Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), … More

    Colorado Energy Office Misspends Millions in Stimulus Funds

    The Colorado Energy Office (CEO) misspent millions in stimulus funds and could not account for a variety of other financial statements, according to a new audit from the Colorado state auditor. The CEO, charged with administering energy funds from the American Recovery and Reinvestment Act and a host of other … More

    USDA's Stimulus Jobs Data Plagued by Inaccuracies

    Federal requirements for monitoring jobs data associated with President Obama’s stimulus package are insufficient to ensure that that the information is accurate, according to a review of that data compiled by the Inspector General of the U.S. Department of Agriculture. The IG released a report this week documenting widespread inaccuracies in … More

    Time to Remove the Taxpayer Trough from Wind Producers

    The meal provided by the taxpayer is over. When pigs finish eating the slop that a farmer put in the trough, they’ll hang around the trough waiting for more food, but the farmer doesn’t cave. That meal is over, and the farmer promised no more food than what he put … More

    $14 Billion in Stimulus Spending Generates Just 1.2 Percent of Electricity

    Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional annual electricity generation were expected to be added through funds authorized by the stimulus, according to documents released by the Department of Treasury. The more … More

    Rural Utilities Create Zero Jobs With $47 Million in Stimulus Funding

    A stimulus program designed to create jobs by funding rural utility projects has created only about 12% of the jobs projected at the outset of the program in a sample of towns recently examined by the Agriculture Department’s Inspector General. The IG examined 22 local utilities and government agencies to receive … More

    Stimulus Dollars Disproportionately Went to States Represented by Dems

    According to a new report on President Obama’s stimulus package and its effect on the economy, the amount of stimulus money that went to each state was correlated with the number of Democrats in each state’s congressional delegation. The data is revealed in a new book by Grover Norquist, president … More

    Another Stimulus-Backed Energy Company Files for Bankruptcy

    After months of financial turmoil, an Energy Department-backed lithium ion battery company has filed for Chapter 11 bankruptcy protection. The company, Ener1, received a $118 million grant from DOE in 2010 as part of the president’s stimulus package. The money, which went to Ener1 subsidiary EnerDel, aimed to promote renewable … More

    Obama vs. the Evidence: Infrastructure Spending Is No Job Creator

    The latest unemployment numbers, released Friday, showed that the economy created a net 18,000 jobs in June, far below the roughly 150,000 needed to keep pace with new job market entrants. The unemployment rate ticked up to 9.2 percent. Since President Obama had not yet been asked directly about June’s … More