BELOW is the actual text (with section and page numbers) of the ARRA, which is posted on-line. Anyone can look this up for themselves.
American Recovery and Reinvestment Act of 2009 (aka, the Stimulus bill)
Pages 174, 180 and 175 @ http://www.gpo.gov/fdsys/pkg/BILLS-111hr1enr/pdf/BILLS-111hr1enr.pdf
SEC. 1513. REPORTS OF THE COUNCIL OF ECONOMIC ADVISERS.
(a) IN GENERAL — In consultation with the Director of the Office of Management and Budget and the Secretary of the Treasury, the Chairperson of the Council of Economic Advisers shall submit quarterly reports to the Committees on Appropriations of the Senate and House of Representatives that detail the impact of programs funded through covered funds on employment, estimated economic growth, and other key economic indicators.
(b) SUBMISSION OF REPORTS.—
(1) FIRST REPORT.—The first report submitted under subsection (a) shall be submitted not later than 45 days after the end of the first full quarter following the date of enactment of this Act.
(2) LAST REPORT.—The last report required to be submitted under subsection (a) shall apply to the quarter in which the Board terminates under section 1530.
SEC. 1530. TERMINATION OF THE BOARD.
The Board shall terminate on September 30, 2013.
SEC. 1521. ESTABLISHMENT OF THE RECOVERY ACCOUNTABILITY AND TRANSPARENCY BOARD.
There is established the Recovery Accountability and Transparency Board to coordinate and conduct oversight of covered funds to prevent fraud, waste, and abuse.
SEC. 1522. COMPOSITION OF BOARD.
(1) DESIGNATION OR APPOINTMENT.—The President shall—
(A) designate the Deputy Director for Management of the Office of Management and Budget to serve as Chairperson of the Board;
(B) designate another Federal officer who was appointed by the President to a position that required the advice and consent of the Senate, to serve as Chairperson of the Board; or
(C) appoint an individual as the Chairperson of the Board, by and with the advice and consent of the Senate.
Ahead of election, Obama stops releasing Stimulus reports