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February 17, 2009, 3:27 pm
White House Launches Recovery.gov to Track Stimulus Spending
Susan Davis reports on the White House.
After weeks of touting the Web site initiative, the White House went live today with www.recovery.gov, which lets the public track how the $787 billion economic stimulus package is being spent.
“Recovery.gov is a website that lets you, the taxpayer, figure out where the money from the American Recovery and Reinvestment Act is going,” the site states. “The money is being distributed by Federal agencies, and soon you’ll be able to see where it’s going — to which states, to which congressional districts, even to which Federal contractors. As soon as we are able to, we’ll display that information visually in maps, charts, and graphics.”
It’s part of President Barack Obama’s pledge to make government more transparent. The site includes a link to the full text of the bill, and an initiation for visitors to share their stories of how the law is affecting their lives. It also includes a FAQ section with questions like, “What is a fiscal year (FY)?” to help people understand government jargon.
Originally posted by Benevolent Heretic
Great! Now hopefully we can see what's going on with the money. Never had that before.
Thanks for posting.
* Tax Relief - includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.
Originally posted by Frankidealist35
I just don't know what it means. I apologize if I'm being a bit cynical here.
Originally posted by Tuning Spork
what in H-E-double-hockey-sticks does $61B for "Protecting the Vulnerable" refer to and how does it stimulate economic growth?
[edit on 17-2-2009 by Tuning Spork]
Originally posted by mental modulator
This might refer to discretionary spending that targets 501c like food banks, homeless via foreclosures or lazy people...