Wednesday, February 18, 2009

Stimulus Timeline

The new web site Recovery.gov is up and running and, as we hold our breaths to find out how well the stimulus works, provides clues to what and when we will be learning about it.

On March 3rd, Federal agencies are scheduled to begin reporting use of funds and, on May 3rd, making Performance Plans available and detailing their allocations to entitlement programs, followed on May 20th by reporting competitive grants and contracts.

On July 15th, recipients are scheduled to start explaining how they are using the funds.

Beyond that, the site promises to reveal where the money is going, "to which states, to which congressional districts, even to which Federal contractors. As soon as we are able to, we'll display that information visually in maps, charts, and graphics."

Whether or not the program succeeds is an open question, but at least taxpayers won't be kept in the dark about how it is being implemented.

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