Inspector General Gregory Friedman, testifying to the House Energy and Commerce Committee's panel on stimulus oversight, called the program "at odds with realities." Among other things:
° $35 billion in stimulus overwhelmed DOE's $27 billion budget
° More than half the weatherization projects audited failed
° Of the roughly 125,000 workers eligible for green jobs training, only 40 percent received it and only 8,035 participants landed jobs
° Of those placed, only 1,336 participants had retained employment for more than 6 months – or about two percent of the planned 69,717
That means 60% were lucky...their time wasn't wasted.
He also testified that 45% of the money hasn't been spent...yet.
And, this story says the I.G. has launches criminal probe into more than 100 Energy Dept. loans
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