Gregory H. Friedman: Before the Subcommittee on Investigations and Oversight Committee on Science and Technology U.S. House of Representatives

Statement of Gregory H. Friedman, Inspector General U.S. Department of Energy Subject: Accountability and transparency issues related to the American Recovery and Reinvestment Act of 2009 (Recovery Act)

Office of Inspector General

March 19, 2009
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March 19, 2009

Before the Subcommittee on Investigations and Oversight Committee on Science and Technology U.S. House of Representatives

Statement of Gregory H. Friedman, Inspector General U.S. Department of Energy

I appreciate the opportunity to testify today on accountability and transparency issues related to the American Recovery and Reinvestment Act of 2009 (Recovery Act). My testimony focuses on the efforts of my office to provide effective oversight of Recovery Act funds at the Department of Energy, which will receive approximately $40 billion for various science, energy, and environmental programs and initiatives. Furthermore, based on the Recovery Act and previously approved programs, the Department has been authorized to make or guarantee loans totaling up to $127 billion for innovative technologies as well as auto industry advancements.