HERE is the new up and running Recovery.gov website, where the Obama administration says taxpayers can follow how the $787 billion stimulus funds are spent.
The promise: “As soon as the first dollars start to go out, you’ll be able to track where the money is going.”
We will try to hold them to that.
President Obama has recorded a video message on the website, in which he says "the size and scale of this plan demand unprecedented efforts to root out waste, inefficiency, and unnecessary spending. Recovery.gov will be the online portal for these efforts, publishing info about how the funding secured by the legislation will be spent in a timely, targeted and transparent manner. Instead of politicians doling out money behind closed doors, the important decisions about where tax payers’ dollars are invested will be yours to scrutinize."
The website also has an interactive map which shows a state-by-state breakdown of the projected jobs aimed to be created in each state.
HERE you can see some Congressional Budget Office tables on the stimulus bill — one that summarizes the estimated budgetary impacts of the legislation and another, more detailed table that shows the budgetary effects by title.
CBO estimates that enacting the stimulus bill will increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, by $399 billion in 2010, by $134 billion in 2011, and by $787 billion over the 2009-2019 period.
- Jake Tapper and Sunlen Miller