Transparency update: Administration legally required to release quarterly stimulus report hasn't done so since June of 2011
**Written by Doug Powers
Paging Sheriff Biden!
The Obama administration is required by law to submit a report every quarter through September of 2013 detailing the spending and job creation — or lack thereof — of the American Recovery and Reinvestment Act of 2009 (aka “stimulus” aka “seriously?”).
According to Jeffrey Anderson at The Weekly Standard, the White House hasn’t released one of those legally required “quarterly” reports in over a year and a half:
Have you heard much about President Obama’s $787,000,000,000 economic “stimulus” (now estimated to cost $831,000,000,000) lately? In its last report, published in 2011, the president’s own Council of Economic Advisors released an estimate showing that, for every $317,000 in “stimulus” spending that had by then gone out the door, only one job had been created or saved. Even in Washington, that’s not considered good bang for the buck.
Moreover, that was the fifth consecutive “stimulus” report that showed this number getting progressively worse.
Alas, that was the last report we’ve seen. Never mind that Section 1513 of the “stimulus” legislation, which Obama spearheaded and signed into law, requires the executive branch to submit a new report every three months.
Under their own guidelines, the administration should have released 14 of these reports by now, but they’ve only submitted eight of them for public review. Maybe the person whose job was created under the stimulus in order to distribute the “jobs saved or created by the stimulus” reports got laid off.
It’s possible President Obama and his team might have been distracted by all that skeet shooting at Camp David to focus on silly quarterly reports.
Additionally, Obama’s “Jobs Council” remains as clearly focused as Mr. MaGoo in a heavy fog, because that group hasn’t held an official meeting in over a year.
**Written by Doug Powers
Twitter @ThePowersThatBeblog comments powered by Disqus
Obama peace partner Iran spends some of that ‘definitely not a ransom’ windfall showing off their boats to the US Navy
August 24, 2016 09:59 PM by Doug Powers
WH: Iran payment a ‘tough diplomatic strategy’ — State Dept: Hey, if you go to Iran, there’s a pretty good chance you’ll get taken hostage
August 22, 2016 08:08 PM by Doug Powers
Candidate promising to battle ‘urgent threat’ of climate change uses private jet for 20-mile trip (Open thread)
August 21, 2016 10:41 AM by Doug Powers
August 17, 2016 09:55 PM by Doug Powers
August 16, 2016 02:25 PM by Doug Powers