Here's a little news tidbit from the Recovery Board: in his latest "Chairman's Corner" post, Recovery Board Chairman Earl Devaney disclosed that the website Recovery.gov has thus far cost $6.8 million. This is out of a $9.5 million contract with Smartronix, a Maryland IT company, meaning that the Board has about another $2.7 million left in its contract. After that, the Board has the option of extending the contract through 2014, for about another $9 million. Now, $6.8 million isn't exactly cheap, but for creating a website to show a brand new type of reporting in an extremely compressed time frame, it's not too bad.

Thirty-eight of fifty-four economists can't be wrong. That's the number of economists who, in a recent survey by the Wall Street Journal ($), said that "the American Recovery and Reinvestment Act boosted growth and mitigated job losses." In other words, 70 percent of economists think that the Recovery Act has helped the nation. Looks like somebody's been reading the many, many official reports which have repeatedly said the exact same thing. But I guess something just isn't true until a majority of randomly selected Ph.Ds say it, right?

The Recovery Board, via the Office of Tax Analysis, has a new set of snazzy charts and graphs breaking down Recovery Act tax obligations, from March to December 2009. There isn't anything particularly newsworthy in these charts, since we've known the relative sizes of the expenditures for a while now, but they are very useful in seeing the expenditures over time, which is a new trick. I added part of one of the more interesting charts below; just be aware that more current estimates place the tax expenditure amount obligated closer to $120 billion.

I wanted to highlight one other thing from ProPublica's article on the "two-time loser" list, a nugget which I think was buried in the article. According to earlier OMB guidance, the main recourse agency officials have to punish repeat offenders is the revocation of federal funding, and we haven't heard whether agencies have used this stick yet. But ProPublica quotes OMB spokesman Tom Gavin as saying that, thus far, one, and only one, organization has suffered this fate. Want to guess which greedy, no-good corporation is flaunting the will of Congress, and which is being singled out as a rule-breaker? Maybe Xe? Wal-Mart? ENRON!?!