Wednesday, October 6, 2010

$162 Million From Stimulus Bill Missing




The Obama Administration promised us that there will be transparency where the stimulus money will be used. They gave us a website "Recovery.gov" for that purpose. Now, there is $162 million of the stimulus money missing and not accounted. According to the Office of Management and Budget, there are 352 organizations that were given federal stimulus money and every one of them failed to report how they spent the money, the status of their projects or how many jobs were funded. Now, this is a conservative estimate. There are many more fraudulent cases that the stimulus money was used inappropriately. Only time will tell. The Administration has deceived the American people. This stimulus bill did not create the jobs the president promised. This whole this was a sham!

Read Story: $162 million in stimulus funds not disclosed