Stimulus

Congressional Oversight Panel Hearingon Citigroup's Use of TARP Funds

Thursday, March 4, 2010

Citigroup Chief Exec. Vikram Pandit testified in front of the Congressional Oversight Panel on three taxpayer bailouts and the government’s plans to divest itself of its stake in the bank. Congressional investigators asked Mr. Pandit’s about his compensation arrangement and the impact of TARP assistance on Citigroup.
watch Panel Hearing (3/4)

Recent Programs

Transportation Secretary Ray LaHood Transportation Sec. LaHood goes over stimulus spending on infrastructure and its impact on job creation, as well as his national effort against distracted driving.
Washington, DC
watch Interview with Secretary LaHood    visit Dept. of Transportation

About This Page

The $787 Billion American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Obama on February 17th, 2009. Known as the economic stimulus law, it was passed to jumpstart the U.S. economy as well as to save and create more than 3.5 million jobs over the next two years.

Recovery Progress Report:
As of July 20, $419.3 billion of the $787 billion stimulus has been committed to states; $264.9 billion has been paid out.

This website contains news conferences, hearings and Congressional debates on the stimulus as well as links to government and watchdog groups who are tracking spending.

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