Submitted by EricLykins on Wed, 2009/11/04 - 4:54am
With last Friday’s unprecedented release of information on Recovery.gov, we’ve begun to see lots of interest in the specific types of projects that have been funded by the Recovery Act. Even more specifically, we’re seeing reports that Recovery Act funds have been spent on questionable or wasteful funds.
I'm not kidding about that golf cart. Act soon
10. Recovery Act funds are being to provide a tax credit for golf carts. Some reports have highlighted an IRS tax credit for plug-in vehicles as a frivolous use of recovery resources. In fact, the legislation that provides this tax break was signed into law by the former President, and the Recovery Act terminates this credit at the end of 2009 – rather than at the end of 2014 as the law was originally designed.
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