House Committee finds stimulus cash flowing to foreign companies

House Committee finds stimulus cash flowing to foreign companies | Washington Free Beacon
"The government made this change in Section 1603 of the 2009 American Recovery Act, better known as the stimulus bill.
“The stimulus’s purpose was to create jobs,” said Yeatman.
Each job created by the grant program cost $1.2 million, according to the report.
“That cost-per-jobs figure is eye-popping,” Yeatman said.
Iberdrola Renewables, the American wing of a Spanish renewable energy company, received $1.77 billion spread over 24 grants, over 10 percent of the total grants awarded."