Economic Stimulus Oversight, Federal, Beginning
Channel: HouseResourceOrg
Date: 2010-12-28

Economic Stimulus Oversight, Federal, Beginning - House Oversight Committee - 2009-03-19 - Product 284718-1-DVD - House Committee on Government Reform and Oversight. In the first of two portions of a hearing, Earl Devaney testified about how he intends to execute his duties as chairman of the Recovery Act Accountability and Transparency Board to prevent waste and fraud in the spending of economic stimulus funds. He focused on the roles the federal and state governments will play in this oversight process as well as plans for audits and investigations to identify and prosecute fraud in stimulus programs. In his remarks he talked about recruiting staff, the potential losses expected as a result of fraud, and further development of an Internet web site to monitor the contracting process. After a recess testimony continued in program ID 284718-2. Filmed by C-SPAN. Non-commercial use only. For more information see http://www.c-spanvideo.org/program/284718-1