Biden: Implementation of Stimulus Package was "a serious mistake"

Speaking at the Biennial National Procurement and Grant Fraud Conference in Philadelphia on Tuesday, Vice President Joe Biden lightheartedly reflected on "a serious mistake" he had made in 2009.

I had written a “long and detailed memo to the president telling him exactly how I thought the Recovery Act should be implemented, ” the Politico quotes Biden as saying. During a lunch meeting at the White House, Biden handed the memo to Obama. After reading the memo, the President handed it back to Biden and said, “It’s great, Joe – go do it.”

“I have not since written him a memo,” Biden told the audience. “I should have known better.”