Stimulus Money Was A Flop Says Rep. Diaz-Balart
Thursday, June 25th, 2009U.S. Rep. Mario Diaz-Balart (R-Fla.) says that the stimulus package “has been a flop”, basing his criticism on the rise of unemloyement in his home state of Florida. (0:36)
Posts Tagged ‘stimulus money’
Not All of the Stimulus Money is Creating Jobs
Thursday, March 19th, 2009University of New Mexico, Talk Radio News
Rep. Jimmy Duncan (R-Tenn) points out that not all of the stimulus money is creating jobs.
$55 Billion in Fraud Anticipated
Thursday, March 19th, 2009University of New Mexico, Talk Radio News
At the House Committee on Oversight & Government Reform Earl Devaney, chairman of the Recovery Act Transparency and Accountability Board, said that he was creating a user friendly website: http://www.doioig.gov/index.php?menuid=460&viewid=613&viewtype=PAGE , and that some reporters are already using it.
Rep. Dennis Kucinich (D-Ohio) asked Devaney for assurance that the Recovery Act funds that have gone to existing programs are being spent quickly. Devaney said that he could not provide that.
Dan Burton (R-Ind.) asked Devaney about an expected $55 billion in fraud as the Recovery Act funds go out. Devaney confirmed that about seven percent fraud is a credible estimate, and the best law enforcement can provide is zero tolerance.
Rep. Jimmy Duncan (R-Tenn.) points out that not all of the stimulus money is creating jobs, citing $40 million in his own district that went to raises, standing bills and only two new jobs.