Press Releases
New Report Cites Stimulus Waste, Need for Accountability and More Transparency
Washington,
August 6, 2010
A new study conducted by Senators Tom Coburn (OK) and John McCain (AZ) details 100 projects funded through taxpayer dollars in the $786 billion stimulus bill passed by Congress in February 2009. The stimulus, which was only made public 12 hours before debate began on the floor of the House of Representatives, was sold to Members of Congress and the public as a way fund shovel ready projects in order to keep unemployment below 8 percent. Unemployment now stands at 9.5% nationally and much higher locally.
Click Here to read the report. “This analysis only further underscores the need for more transparency in the legislative process and greater accountability for the way government spends taxpayer dollars,” said Congressman Posey. |