Obama stimulus fund recipients continue spending tax dollars without explanation

By Kelly Cohen
Published October 31, 2013 4:00am ET
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Obama stimulus fund recipients continue spending tax dollars without explanation
Recipients of Obama stimulus funds -- including public agencies in New Jersey and California -- continue to spend their awarded money without reporting to the federal government what they do with it, according to a federal oversight board. | Fuse

Recipients of Obama stimulus funds — including public agencies in New Jersey and California — continue to spend their awarded money without reporting to the federal government what they do with it, according to a federal oversight board.

The recipients are supposed to submit reports quarterly to the Recovery Accountability and Transparency Board. The American Recovery and Reinvestment Act of 2009 — President Obama’s economic recovery program — cost taxpayers $840 billion.

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