Vice President Joe Biden acknowledged on Tuesday that some waste is inevitable in the spending of a $787 billion economic stimulus package, in a characteristically blunt assessment.
“We know some of this money is going to be wasted,” Biden said.
“There are going to be mistakes made,” said Biden. “Some people are being scammed already.”
Obama placed Biden in charge of supervising implementation of the stimulus.
The package was approved by the Democratic-led Congress in February over the objections of most Republicans, who were concerned about the potential for wasteful spending and because it will add billions of dollars to U.S. deficit spending.
Well, it looks like the Republicans were correct.