The American
Recovery and Investment Act (ARRA) provided
funds for inspectors
general at agencies receiving supplementary appropriations
through the act to conduct investigations related to the spending of the funds,
oversight of projects, and compliance with special requirements. A subsequent act directed act (the Dodd-Frank
Wall Street Reform and Consumer Protection Act) required the return to the Treasury
of unobligated ARRA funds after December 31, 2012, unless the president found
it was not in the national interest to do so.
At the request of several inspectors general, including the one at the Department of
Transportation, President
Barack Obama waived the recession of ARRA funds for the inspectors general
so they could continue long-term investigations and oversight.
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