The American Recovery and Reinvestment Act (ARRA) was enacted to stimulate the economy during a significant economic downturn. ARRA contained new accountability mechanisms were enacted to reduce fraud and wasteful spending. These new mechanisms were touted as a creating an unprecedented level of oversight and transparency. While the Government has taken a step in the right direction, much of these new oversight mechanisms such as Recovery.gov and the Recovery Act Accountability Board have not lived up to expectations. While the ARRA posed significant challenges, the accountability mechanisms that Congress put in place seemed, on balance, to work well. In fact, the House of Representatives has legislation before it that would employ the ARRA accountability mechanisms permanently, across the Government.
|School:||The George Washington University|
|School Location:||United States -- District of Columbia|
|Source:||MAI 50/04M, Masters Abstracts International|
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