The federal government has let more than $2 billion in stimulus funds expire despite sequestration cuts, according to National Review:
According to Recovery.gov, "Of the $804 billion awarded as of June 30, 2012, more than $2 billion appropriated by Congress expired — meaning the appropriations were not awarded or used within specified time frames. Agencies might also have adjusted an award amount with funds being returned to the agency. The expired funds are kept on an agency’s books for five years to cover invoices for the projects; at the end of the five years, the funds are returned to the Treasury." […]
Any chance we can get at those $2 billion to mitigate some of the sequester cuts that the public finds more irritating?
After all, it takes less than a million to cover the costs of White House tours. Certainly, we could take some of that $2 billion and use it to make sure the White House Easter Egg roll isn’t canceled.
