FRESNO, Calif. — Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence.
Yet the weatherization program the vice president highlighted in his visit Thursday to New Hampshire is widely considered among the least organized spending projects under the $814 billion economic stimulus law and has regularly been targeted for criticism of its slow progress by auditors and outsiders. Biden didn't hint much at its troubles.
Nearly 18 months since it started, the stimulus weatherization program has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud.
Showing posts with label Joe Biden. Show all posts
Showing posts with label Joe Biden. Show all posts
Friday, August 27, 2010
Sunday, June 14, 2009
Biden admits stimulus failure on rare sunny Sunday
"Biden tells "Meet the Press" that "everyone guessed wrong" on the impact of the stimulus, economy was worse off than anyone thought.
Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer."
http://thepage.time.com/2009/06/14/stimulus-apologies
Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer."
http://thepage.time.com/2009/06/14/stimulus-apologies
Subscribe to:
Posts (Atom)
