Stimulus Warning: Don't Mess With Joe
Vice President Joe Biden warned that he would personally embarrass anyone who misused stimulus money.
That's right. The former lawmaker "warned that he plans to use 'the moral approbation of this office' to make sure the huge fund of stimulus money is put to use creating jobs and rebuilding the nation's infrastructure,' according to a story by the AP. "'As we go along, I'm going to be a bit of a pain in the neck.'"
Biden and others in the administration, including President Obama himself, have been on a campaign to reassure taxpayers the $787 billion in stimulus funding will be well spent. As procurement specialists have pointed out, that's going to be a tall order given the shortfall in federal and state workers to oversee the spending.
Please share what you think about the stimulus plan. Will it work? Can the government oversee so much spending in such a short time? Does it matter?
By the way, a couple of powerful lawmakers want to take a deeper look at how we got here. Senators Byron Dorgan and John McCain are joining forces in a call for a "select committee" to "fully investigate the causes of the financial crisis and make recommendations to ensure that a crisis of this magnitude does not happen again in the future."
They're announcing their legislation later today. It could be interesting. These are the guys who examined the Jack Abramoff lobbying scandal. A statement said they "believe a select committee is needed to restore the confidence of the American people in the economy."
By Robert O'Harrow |
March 3, 2009; 10:33 AM ET
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