Thursday
Mar192009
$55 Billion in Fraud Anticipated
University of New Mexico, Talk Radio News
At the House Committee on Oversight & Government Reform Earl Devaney, chairman of the Recovery Act Transparency and Accountability Board, said that he was creating a user friendly website: http://www.doioig.gov/index.php?menuid=460&viewid=613&viewtype=PAGE , and that some reporters are already using it.
Rep. Dennis Kucinich (D-Ohio) asked Devaney for assurance that the Recovery Act funds that have gone to existing programs are being spent quickly. Devaney said that he could not provide that.
Dan Burton (R-Ind.) asked Devaney about an expected $55 billion in fraud as the Recovery Act funds go out. Devaney confirmed that about seven percent fraud is a credible estimate, and the best law enforcement can provide is zero tolerance.
Rep. Jimmy Duncan (R-Tenn.) points out that not all of the stimulus money is creating jobs, citing $40 million in his own district that went to raises, standing bills and only two new jobs.
At the House Committee on Oversight & Government Reform Earl Devaney, chairman of the Recovery Act Transparency and Accountability Board, said that he was creating a user friendly website: http://www.doioig.gov/index.php?menuid=460&viewid=613&viewtype=PAGE , and that some reporters are already using it.
Rep. Dennis Kucinich (D-Ohio) asked Devaney for assurance that the Recovery Act funds that have gone to existing programs are being spent quickly. Devaney said that he could not provide that.
Dan Burton (R-Ind.) asked Devaney about an expected $55 billion in fraud as the Recovery Act funds go out. Devaney confirmed that about seven percent fraud is a credible estimate, and the best law enforcement can provide is zero tolerance.
Rep. Jimmy Duncan (R-Tenn.) points out that not all of the stimulus money is creating jobs, citing $40 million in his own district that went to raises, standing bills and only two new jobs.
Salazar Defends Moratorium, Promotes Safe Energy Future
Philip Bunnell - Talk Radio News Service
Secretary of the Interior Ken Salazar told members of the House Oversight and Government Reform Committee Thursday he hopes the country will learn from the BP Oil Spill in the Gulf of Mexico, and defended a moratorium on deepwater drilling imposed by the Obama administration.
Rep. Dan Burton (R-Ind.) expressed outraged with the administration’s response to the spill, saying the temporary drilling ban “doesn’t make any sense to me.” Burton said he feared rigs will move to other countries, leaving many American workers without jobs.
Salazar defended the moratorium, saying it is necessary when “all of our resources are focused” on the current spill.
Salzar said he hopes that the Gulf can be restored to a condition “better than it was before April 20,” and that the country will invest in safer oil and gas acquisition methods.
“[We must] embrace the new energy future of America with a much broader portfolio including wind, solar, and geothermal energy,” the embattled Secretary said.
Rep. Dennis Kucinich (D-Ohio) voiced concern over the nation’s energy policy as a whole, calling offshore drilling exploitive of the environment.
“We need to start thinking about [how] our system is collapsing.”