From the White House blog:
Here at the White House, those of us on team Recovery Act put a very high premium on transparency and accountability. Like they say, “sunlight’s the best disinfectant,” and when it comes to tracking the $787 billion economic stimulus plan, our view is that we should let the sunshine in.
Well, today, we’re happy to report that the independent Recovery Accountability and Transparency Board—they’re the folks who bring you www.Recovery.gov—has taken yet another step toward showing the American people their money at work. The board released its very first report on the small portion of Recovery Act spending that recipients have reported on so far, and these preliminary data show that the Act is doing just what it’s supposed to do: helping to put Americans back to work, while partially offsetting the ongoing job market impact of the worst recession in decades.