American Recovery & Reinvestment Act of 2009
Signed into law by President Barack Obama on February 17, 2009, the Recovery Act had three immediate goals: create new jobs and save existing ones, spur economic activity and invest in long-term growth, and foster unprecedented levels of transparency and accountability. To ensure that accountability requirements are being met, the Inspectors General of 28 federal agencies distributing Recovery funds continually review their agencies' management of these funds.
Five Department of Commerce bureaus—the Census Bureau, Economic Development Administration, National Institute of Standards and Technology, National Oceanic and Atmospheric Administration, and National Telecommunications and Information Administration—and the Office of Inspector General received $7.9 billion under the Recovery Act, with $1.2 billion ultimately rescinded or transferred to other agencies. As of September 30, 2013, the Department had obligated and disbursed almost all of the approximately $6.7 billion remaining.
(The disbursal amount includes funding for the now-completed NTIA Digital Television Converter Box Coupon Program.)
The following is an account of OIG's Recovery Act activities.
Congressional Testimony and Correspondence