by Randy Altschuler

As an experienced businessman who has spent a majority of my professional career creating jobs and providing affordable health care to hundreds of American employees, I was disappointed by Chairman Devaney's remarks.

The Obama Administration has demonstrated a complete lack of oversight when it comes to disclosing how and where the $787 billion stimulus bill has been spent. It's time for Democrats in Congress and the Obama Administration to admit that the stimulus is a failure. If Nancy Pelosi and Tim Bishop cannot be counted upon to institute an program of relief for American families and small businesses with our tax dollars, I don't see how we can trust them with a massive $1 trillion health care overhaul which represents one-sixth of our national economy.

It was reported by Eamon Javers today that the "chief federal oversight official for the stimulus program said in a letter Wednesday that he can't certify whether the number of jobs 'created or saved' by stimulus funds is accurate." Politico: "Stimulus Official: Can't Certify Job Stats"

Jonathan Karl from ABC News reported today that "more than 50,000 jobs, or one out of every 10 jobs the White House says were 'saved or created' by their economic stimulus plan, came from projects that reported spending no money yet, according to a government report obtained by ABC News. The report by the GAO analyzes the Administrations October 2009 report on jobs saved or created by the $787 billion stimulus program and finds a "range of significant reporting and processing problems that need to be addressed."
ABC NEWS: "GAO Says More Than 50,000 Jobs Claimed from Stimulus Projects That Have Spent No Money"

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