Obama announces site to track economic stimulus funds

President Barack Obama has announced that he will launch a Web site to publicly track how funds to implement the economic stimulus package are spent after it becomes law. The president said in his weekly radio address Jan. 24 that the online site at www.recovery.gov would let the public know where his administration was spending funds under the American Recovery and Reinvestment Act.

The economic recovery plan is expected to be hugely expensive, with the current price tag at about $825 billion as it winds its way through Congress. The House plans to vote on the economic stimulus plan this week, House Speaker Nancy Pelosi (D-Calif.) said, and Senate committees have scheduled consideration of the plan. Obama said Recovery.gov would help to make his administration accountable for the plan's results and reduce the skepticism many have about the plan’s size and scale.

“Instead of politicians doling out money behind a veil of secrecy, decisions about where we invest will be made public, and informed by independent experts whenever possible,” Obama said. “We will launch an unprecedented effort to root out waste, inefficiency, and unnecessary spending in our government,” and Recovery.gov would support that effort, he added. An oversight board would routinely update Recovery.gov, according to information on the Web site.

On Obama's first full day as president, he signed a memo that instructed all members of his administration to foster openness, public participation and collaboration. That includes agencies using technology to put information about their operations and decisions online, the memo said.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • Telecommunications
    Stock photo ID: 658810513 By asharkyu

    GSA extends EIS deadline to 2023

    Agencies are getting up to three more years on existing telecom contracts before having to shift to the $50 billion Enterprise Infrastructure Solutions vehicle.

  • Workforce
    Shutterstock image ID: 569172169 By Zenzen

    OMB looks to retrain feds to fill cyber needs

    The federal government is taking steps to fill high-demand, skills-gap positions in tech by retraining employees already working within agencies without a cyber or IT background.

  • Acquisition
    GSA Headquarters (Photo by Rena Schild/Shutterstock)

    GSA to consolidate multiple award schedules

    The General Services Administration plans to consolidate dozens of its buying schedules across product areas including IT and services to reduce duplication.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.