Economic Stimulus Provides New Funds For GAO Oversight

by Sabrina I. Pacifici on March 2, 2009

USA Today: “For three years, the investigative arm of Congress has seen its staff dwindle in size. Now, the agency is getting a $25 million infusion of cash from the stimulus bill signed by President Obama last month to hire investigators, auditors and others to track hundreds of billions of dollars in federal spending to jump-start the economy. The stimulus bill contains $330.5 million for oversight and offers the president his first opportunity to put into practice his campaign pledge to demand greater accountability of federal spending. It provides $25 million for the Government Accountability Office, the non-partisan congressional agency; $84 million to create an accountability board within the administration and $221.5 million to the inspectors general who serve as department watchdogs.”

  • Related reporting: Unimplemented IG Recommendations Costing Taxpayers Billions of Dollars and related postings on financial system
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