Wednesday, September 28, 2005

Watching Your Money in the Storm Zone

The Government Accountablitity Office and Inspectors General from a half dozen agencies promise intense scrutiny of how Washington spends Hurrican Katrina recovery money.

Of particular concern are the government issued credit cards given to federal workers in the disaster zone. The cards usually have a $2,500 limit. But that was raised 100 fold to $250,000. The cards have been the source of scandal in the past.

The watchdogs are also keeping tabs on politically connected companies -- many with no-bid contracts -- hired in the reconstruction effort. (CNN)

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