Did You Know...

   

Transparency update: Administration legally required to release quarterly stimulus report hasn't done so since June of 2011

Share
By Doug Powers  •  January 27, 2013 11:28 AM

**Written by Doug Powers

null

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 @ThePowersThatBe

blog comments powered by Disqus
~ For the latest breaking news, be sure to join Michelle's Email List:

Obama earns Nobel Peace Prize in role play as ISIS adviser

September 14, 2014 10:56 AM by Doug Powers

obamasueme

Hope & Change, terrorist-style

Obama admin has their bases covered on ‘war’ or ‘no war’ with ISIS

September 12, 2014 04:12 PM by Doug Powers

kerry

Mixed Message Shock & Awe

Congressional Democrats demand greater transparency … from the NFL

September 11, 2014 05:26 PM by Doug Powers

laughter

The jokes never end.

Amazing: Joe Biden keeps straight face during warning about abusers of power

September 9, 2014 04:37 PM by Doug Powers

Biden1

Look around, Joe


Categories: Barack Obama, Joe Biden

Follow me on Twitter Follow me on Facebook