Stimulus Watch

Who Needs “Recovery.gov” When We Have Stimulus Watch?

President Obama’s Recovery.gov reminds me of my days in Congress when the White House would have its set of numbers, Congress would come up with its budget numbers and the auditors at the Federal Reserve had an accounting of the real damage.

George Mason University is directing people to a website called Stimulus Watch, courtesy of the Mercatus Center.

“StimulusWatch.org was built to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to account for the taxpayer money they spend. We do this by allowing you, citizens around the country with local knowledge about the proposed “shovel-ready” projects in your city, to find, discuss and rate those projects. These projects are not part of the stimulus bill. They are candidates for funding by federal grant programs once the bill passes.”

In other words, the Mercatus Center is telling us the rest of the story — and the rest of the debt!!!

Hidden debt, for sure, and not something you will find on Recovery.gov.

March 4, 2009

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