Tuesday, April 28, 2009
Government Accountability Office Issues First Report on Recovery Act Accountability
The Recovery Act calls for $280 billion to be administered through states and localities. The Act requires the Government Accountability Office (GAO) to do bimonthly reviews of the use of funds by selected states and localities. In this first report, GAO describes selected states' and localities' uses and planning of Recovery Act funds, accountability approaches, and plans to evaluate the impact of funds received. GAO's work is focused on 16 states and the District of Columbia—representing about 65 percent of the U.S. population and two-thirds of the intergovernmental federal assistance available through the Recovery Act. The report makes recommendations to strengthen accountability for these funds.

Click here to view the summary of the GAO findings or here for the full report.