USA Today: “$162 million in stimulus funds not disclosed”

October 6, 2010

Below is an excerpt; please click here to read the entire article.

Recovery.gov promised transparency on how the government spends every dollar of stimulus money, but there’s $162 million the website doesn’t disclose.

Recipients of 352 federal stimulus contracts, grants and loans have failed to report how they spent the money, the status of their projects or how many jobs were funded, according to the Office of Management and Budget (OMB).

Despite orders from the White House to crack down, enforcement is spotty.

[OMB] would not release enforcement reports. But a USA TODAY review of debarment actions — companies excluded from receiving federal contracts — found only one non-reporting recipient suspended.

….

A USA TODAY analysis of missing reports shows the Department of Agriculture has the biggest problem: 100 recipients receiving $103 million have failed to submit reports.

One recipient, a Fort Morgan, Colo., ranch that received $56,286 for irrigation improvements and has missed three quarterly reporting deadlines, has received little more than form letters. Ranches Inc. has received three reminder letters from USDA’s Natural Resources Conservation Service, according to documents obtained under the Freedom of Information Act.

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6 Responses to USA Today: “$162 million in stimulus funds not disclosed”

  1. K says:

    Yes, 0.00025845% of the $787 billion stimulus. Yawn.

  2. K says:

    Yes, 0.00025845% of the $787 billion stimulus. Yawn.

  3. K says:

    Yes, 0.00025845% of the $787 billion stimulus. Yawn.

  4. John Bailey says:

    Every .000000001% counts. Overlook a dollar and it mounts up.

  5. John Bailey says:

    Every .000000001% counts. Overlook a dollar and it mounts up.

  6. John Bailey says:

    Every .000000001% counts. Overlook a dollar and it mounts up.

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