Meanwhile, how effective has the Obama administration’s first stimulus been?
The White House also released a secondreport(PDF) today, called “Recovery Through Retrofit,” which highlights the $80 billion in stimulus money for “projects related to energy and the environment.”The New York Times’ Kate Galbraithsummarizesthe report, which lists recommendations that Vice President Joe Biden called “a blueprint that will create good green jobs.”
Speaking of reports, last Thursday, the government released the first batch of reports from contractors that got stimulus money. The reports were meant to detail how that money was spent, but according to CNN Money, they were “filled with mistakes,” including an apparent hundred-fold exaggeration of how much a French vaccine manufacturer, Sanofi Pasteur, received from the Department of Health and Human Services. The number reported onRecovery.gov, the official stimulus Web site, was $1.4 billion; the actual value, according to HHS, was just $10.4million. Well, it’s not like anybodysaw this coming.
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