Topic: U.S. Government Accountability Office
Before the financial crisis began to unfold in the spring of 2007, plenty of allegedly knowledgeable people were happy to go along with the pre-Hurricane Katrina approach to preparing for the inevitable worst. The Deficits Are Coming! ": The former head of ...
Losing Faith in the Stimulus . According to a Government Accountability Office audit released [in July], the stimulus money has been used to ''cushion'' state budgets, retain teachers, boost Medicaid payments and deal with a host of other short-term state ''emergencies.''. And ...
The Government Accountability Office reports that a big chunk of the $787 billion economic stimulus plan spending allocated to the 50 states has gone to shore up existing projects. Here is an excerpt from the GAO report [emphasis added). More than 90 ...
Hoped-for education boost takes back seat as states use stimulus money to stay afloatProjects in some of the nation's poorest areas don't appear to be getting a fair shake in the spending of $787 billion in stimulus funds, the chairman of the ...
Congressional investigators urge Americans to use fraud-reporting system on stimulus projectsCongressional investigators are asking Americans to report waste and fraud associated with the Obama administration's stimulus law.The Government Accountability Office urges government employees, contractors and citizens to use its established FraudNet program ...
More than 8 in 10 corporations have tax haven subsidiaries, government report findsEighty-three of the nation's 100 largest corporations, including Citigroup, Bank of America and News Corp., had subsidiaries in offshore tax havens in 2007, and some of the companies received federal ...
Both the Government Accountability Office and a congressional panel conclude that the Treasury distributed funds to banks from its $700 billion rescue package without any way to monitor their use. [WSJ]Bloomberg orders more budget cuts, this time a 7 percent, or $1.4 ...
Senator John McCain and Governor Sarah Palin are working hard to gin up McCarthy-era fears, equating a modest tax increase for wealthy households and corporations with " socialism. " This seems surreal when the U.S. General Accounting Office's August report found that ...