New oversight for major city spending: combating waste and fraud.
This act establishes a new office to scrutinize how large cities (over one million residents) spend federal funds. Its purpose is to ensure these funds are used efficiently and as intended, and to prevent waste, fraud, and abuse. Citizens can expect greater transparency in public spending within their cities.
Key points
Creation of a Special Inspector General to oversee federal funds allocated to major cities.
The goal is to detect and prevent waste, fraud, and abuse in city programs.
The Inspector will audit expenditures, contracts, and fund transfers, and publish audit reports.
Increased transparency in public spending for cities with over one million residents.
Status:
Expired
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