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Limiting Funds for Treasury Inspector General's Office

This bill proposes to cap the spending for the U.S. Department of the Treasury's Office of Inspector General for fiscal year 2024. This means the office responsible for overseeing the Treasury's expenditures and operations will have less money available. This could impact the office's ability to conduct audits and investigations, indirectly affecting citizens through potentially reduced transparency in public spending.
Key points
The bill sets a maximum spending limit of $37,044,000 for the Department of Treasury, Office of Inspector General for fiscal year 2024.
Reduced funding might limit the office's capacity to detect waste, fraud, and abuse within the Treasury Department.
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Additional Information
Print number: 118_HR_2052
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29