Thursday, August 26, 2010

Little fraud found in stimulus programs

From the federal government's stimulus accountability site:
As of July 31, 2010, the Recovery Board and the federal Inspectors General have received 3,806 complaints (up from 3,592 at the end of June) of wrongdoing associated with Recovery funds.

* 424 have triggered active investigations
* 141 cases were closed without action

The federal Inspectors General have also completed 689 reviews of activity involving Recovery funds – many of these reviews have resulted in recommendations for improving the uses of these funds.
Now, does it make you feel better, or worse, to hear that a program that approaches $600 billion in federal spending, has only triggered 424 active investigations?

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