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Old 09-19-2010, 10:13 PM  
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Money well spent

The Los Angeles City Controller said on Thursday the city's use of its share of the $800 billion federal stimulus fund has been disappointing.

The city received $111 million in stimulus under American Recovery and Reinvestment Act (ARRA) approved by the Congress more than year ago.

"I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," says Wendy Greuel, the city's controller, while releasing an audit report.

http://www.ibtimes.com/articles/6322...ndy-greuel.htm

Government at it's best
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