Posts Tagged ‘National Institutes of Health’
December 8th, 2011 at 1:47 pm
Feds Spending Stimulus Money to Tell the Public How Well They’re Spending Stimulus Money
Posted by Print

This one has to be read to be believed. Nearly three years after passage of the stimulus package, the horror stories of fiscal malpractice continue to emerge. From Reason:

Palladian Partners, a communications firm in Silver Spring, [Maryland has] received $97.5 million dollars in government contracts over the past 12 years. The National Insitutes of Health (NIH), which is Palladian’s biggest client, tacked $363,760 stimulus dollars on to an existing contract, and then followed it with two more awards totaling $431,333. Palladian was to spend the money collecting and disseminating information about how the NIH was spending stimulus money.

And what did NIH get for this money? According to the Reason piece, Palladian’s “main activities have included building a website, and publishing 29 short articles for the site.” That’s over $27,000 per article if you’re playing at home.