President Obama and Vice President Biden have been clear since they took office that this Administration will not put up with business as usual when it comes to transparency and accountability. They fundamentally believe that the American people have the right no know how their hard-earned tax dollars are being put to work.
That’s why, when the Recovery Act was passed and signed into law, it required tens of thousands of recipients of Recovery Act funds to report in every quarter on what exactly they are doing with the money — and those reports are posted in full view on Recovery.gov.
This is unprecedented – never before has this level of transparency been available by the federal government. When the Recovery Act was passed, the President and Vice President were adamant that we didn’t just take the necessary steps to begin to repair the economy by passing the largest economic recovery package in history – but that, while implementing that package, we made sure every dollar was accounted for and every official was held accountable.
Fonte: White House