Show me the money

November 16, 2009Jon Brooks Comments Off

If you haven’t seen Recovery.gov yet, it’s worth a look. From the About page:

A provision in the American Recovery and Reinvestment Act of 2009 calls for establishing “a website on the Internet to be named Recovery.gov, to foster greater accountability and transparency in the use of funds made available in this Act.”

Recovery.gov went live shortly after President Obama signed the Recovery Act into law on Feb. 17, 2009. Given its primary mandate – to allow taxpayers to see precisely what entities receive Recovery money in addition to how and where the money is spent – the site displays easy-to-understand, user-friendly graphs, charts, and maps…

The site also provides an online way for reporting any suspected fraud, waste or abuse related to Recovery funding and projects.

As recipients of Recovery funds file quarterly reports about their spending and the status of their projects – including the number of jobs created and/or saved – Recovery.gov will update data and information accordingly….

To find what projects have been funded in your immediate area, type in your zip code on the interactive map. Then click on the colored circles to call up the funding recipient, the project status, and the number of jobs created or saved, as reported by the awardee.

The home page displays the latest tally of jobs saved or created, as reported by funding recipients, as well as how much of the original pool of money has been awarded to date. (As of October 30, recipients have only reported about $37 billion received, out of almost $159 billion officially allotted.)

Thus far, the site reports, 640,329 jobs have been created or saved by stimulus funds.

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