Thursday, January 15, 2009

Accountability

A draft summary of what is now known as the American Recovery and Reinvestment Bill of 2009 is beginning to make its rounds among House Democrats. Included in the summary is a section on accountability.
EXECUTIVE SUMMARY

Unprecedented Accountability: A historic level of transparency, oversight and accountability will help guarantee taxpayer dollars are spent wisely and Americans can see results for their investment.

· In many instances funds are distributed through existing formulas to programs with proven track records and accountability measures already in place.

· How funds are spent, all announcements of contract and grant competitions and awards, and formula grant allocations must be posted on a special website created by the President. Program managers will also be listed so the public knows who to hold accountable.

· Public notification of funding must include a description of the investment funded, the purpose, the total cost and why the activity should be funded with recovery dollars. Governors, mayors or others making funding decisions must personally certify that the investment has been fully vetted and is an appropriate use of taxpayer dollars. This will also be placed on the recovery website.

· A Recovery Act Accountability and Transparency Board will be created to review management of recovery dollars and provide early warning of problems. The seven member board includes Inspectors General and Deputy Cabinet secretaries.

· The Government Accountability Office and the Inspectors General are provided additional funding and access for special review of recovery funding.

· Federal and state whistleblowers who report fraud and abuse are protected.

· There are no earmarks in this package.

Finallly!

0 Comments:

Post a Comment

<< Home