program implementation

Recovering from the Recovery Act - Part 4

Submitted by on Wed, 01/03/2018 - 14:18

What happened?

While there are debates as to whether the Recovery Act saved the economy or not, the one thing that has not been in the headlines was the way federal agency leaders implemented more than 200 programs that were used to distribute the money. 

Key Actions That Contribute to Successful Program Implementation: Lessons from the Recovery Act

Submitted by on Fri, 06/01/2012 - 11:44

Historically, spending under stimulus legislation tended to peak after a recession was over, oftentimes creating inflation instead of jobs. To avoid this, the Recovery Act man­dated tight timeframes, with 70 percent of the money required to be spent within 17 months to generate jobs. There was significant concern that this rapid spending might result in an estimated $50 billion in waste, fraud, or abuse. Accordingly, there were stringent transparency and accountability requirements embedded in the law.