Report Calls on Lawmakers to Boost Stimulus Monitoring
In 2009, when the federal government began pouring billions into Texas via the American Recovery and Reinvestment Act, or “stimulus package,” the Legislature made a visible effort to monitor its implementation — or at least the House did, setting up a special committee to monitor the funds.
Two years later, money from the three-year federal stimulus is still flowing to the Lone Star State, but interest in the Legislature seems to have declined. Speaker Joe Straus did not resurrect the House Select Committee on Federal Economic Stabilization Funding, and the heavy hand at its helm — former state Rep. Jim Dunnam, D-Waco ...
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Rudy Gonzales
Federal Stimulus money sent into Texas with no real or minimal oversight smacks of Republican closeting so that Texans cannot gain confidence in President Obama and the 111st Congress. If these funds are being hid, then there is a distinct possibility these funds will find their way into someone's pocket or put away and used for applications to benefit Texas's top 2%. Texas and America has been in decline due to billion dollar corporation subsidies while the richest 1% own 34% of total US wealth. America is in decline due to 100 of 1% of the population average 27 Million dollars per household per year while the top 2% get tax breaks at the expense of the US taxpayer. The rich get richer at the expense of the lower 98% due to efforts of the Republican party. - Source Huffington Post.