Stimulus Watch is a project which aims to hold the Obama Administration accountable for the taxpayer money they spend from the $787 billion American Recovery and Reinvestment Act. It has a wiki-based website where contributors can rate and comment on the projects. The initiative was started by Jerry Brito after advice from Eileen Norcross and built by volunteers, not affiliated with any group or organization.
The Recovery Act mandated that all spending information be made public and transparent. In Obama's populist rhetoric he claimed, "You know, the days of just pork coming out of Congress as a strategy, those days are over."
- "With so much money being spent at once, we risk funding wasteful projects. President Obama, however, has promised to spend stimulus dollars only on critical projects." Every quarter the government posts data to Recovery.org. The Recovery.org data consists of "recipient reports," data is not gathered and tabulated by the federal government. Instead, it is the recipients of stimulus funds who report back on a quarterly basis about how much money they received and what they did with it.
Jobs are not tracked by Stimulus Watch because the data doesn't tell how long the projects last, so it is impossible to list an accurate cost per job figure.
Example of Awards
A search for Siemens Medical gives a running total of money awarded. While Siemens has American subsidiaries, millions of dollars are ultimately sent to Germany, their corporate offices. Not exactly what citizens envisioned when they heard their tax dollars were to be used to stimulate the American economy.