New York, NY, January 20, 2010 - -Perhaps the most obscure aspect of the $787 billion American Recovery and Reinvestment Act is how it seeks to expand bond programs for public infrastructure and private economic development projects. A report released today by Good Jobs New York explains how the Recovery Act's new and expanded bond programs are facilitating economic recovery and where opportunities exist for public input.More...
Responding to criticisms such as those issued by the Coalition for an Accountable Recovery (CAR) and States for a Transparent and Accountable Recovery (STAR), the Office of Management and Budget (OMB) has revised its guidance that governs how Recovery Act grant and contract recipients report on jobs.More...
Loans handed out to struggling small businesses as part of President Barack Obama's stimulus package have largely shut out minority businesses -- especially those owned by Blacks and Latinos -- according to data provided by the federal government's Small Business Administration (SBA) to New America Media (NAM).More...
The Recovery Accountability and Transparency Board has just published a list of more than 4,000 prime recipients of ARRA contracts and grants that failed to comply with the first round of reporting requirements, including data on job creation and retention.More...
The Recovery Accountability and Transparency Board has posted a list of more than 4,000 ARRA prime recipients that should have submitted reports but failed to do so. Good Jobs First has begun to examine the list, which is presented in the form of a 238-page PDF and which has limited identifying information about the contract and grant recipients.More...
The federal government has awarded about $17 billion in direct contracts under the various provisions of the American Recovery and Reinvestment Act (ARRA). Given the Administration’s commitment to accountability, one hopes that the contractors were chosen with the utmost care and that any companies with serious blemishes on their record were excluded.More...
by Edwin Bender, National Institute on Money In State Politics
ARRA funds remain ripe fruit for politics as usual. Creating a new metrics for watching over those fruits is critical to the health of our government.More...
Last spring, when the ink was barely dry on the $787 billion American Recovery and Reinvestment Act (ARRA), there was already concern about an emerging frenzy of lobbying on behalf of corporations seeking a slice of the stimulus pie.More...
