Sunday, October 15, 2006

Republicans steal another 88 Billion fucking dollars!

The GAO report found the the federal Governement is unable to track the SPENDING of $88 billion in emergency supplemental appropriations funds for the Gulf Coast. From page 95 of the report...

In terms of protecting the government’s financial interest, our ongoing work in this area found that there is no one agency or central collection point that exists to compile and report on how the emergency supplemental appropriations funds provided to 23 different federal agencies are being spent. Without a framework and mechanisms in place to collect and consolidate information from these agencies on a periodic basis, it will be difficult for decision makers to determine how much federal funding has been spent and by whom, whether more may be needed, or whether too much has been provided. The ability to separately track and report on these funds is important to help ensure better accountability and clearly identify the status of funding provided in direct response to these hurricanes at both the individual federal agency level as well as the government wide level. Also, it is important to provide transparency so that hurricane victims, affected states, as well as American taxpayers, know how these funds are being spent. We will issue a report later this year that addresses the federal government’s ability to track and report on the hurricane relief funds received. (emphasis mine) [$88 billion figure at page 72]

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