Sunday, October 30, 2011

New Web portal to streamline stimulus spending reports - Business First of Columbus:

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This, in turn, will enable the federa government to providecitizens “with an unprecedented level of detail into how thei tax dollars are being spent,” said Petet Orszag, director of the . “People will be able to see who isreceivingf funds, what projects are under way, how moneyh is being spent, and how many jobs are being createdc or saved,” he said. The Obama administrationm promised this level of transparency when the American Recoveryy and Reinvestment Act of 2009 was butits Recovery.
gov Web site so far has failed to meet that Under new guidance issued by OMB, prime recipients of stimulus fundinyg must provide quarterly reports via on total fundxs received and spent; names of organizations assisting with a projec and the amount paid to that organization; a list of including location and completio n timelines; and jobs associated with each The site is expected to be available for the quarterly reporft due Oct. 10.

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