From Hot Air blog by Ed Morrisey:
"The Special Inspector General for TARP, Neil Barofsky, made headlines this week when he estimated that the Obama administration had committed itself to spending as much as $24,000,000,000,000 to fix the American economy. The Treasury fired back at its own SIGTARP, saying that Barofsky inflated the numbers and that they had no intention of spending almost twice America’s annual GDP...
"Barofsky comes close to getting the problem right. He’s doing math. The White House calculates. There’s a big, big difference.
"I seem to recall when Barack Obama promised the most open and transparent administration ever. Since his inauguration, Obama has fired one IG for daring to oppose a sweetheart settlement with a political ally, allowed another to get dumped by the agency she oversaw, and now have publicly feuded with Barofsky. Earlier, they tried to limit his authority by claiming that Barofsky didn’t work independently of Treasury, which got a stern letter from Senator Charles Grassley. It looks as though the White House has declared war on transparency, and especially the IGs who exist to provide it."
http://hotair.com/archives/2009/07/25/barofsky-fires-back-at-treasury-says-24000000000000-estimate-sound/
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