Agency Accountability Act: Ensuring Public Funds Align with Congressional Intent
This act establishes new procedures to ensure government agencies spend public money as intended by Congress. If an agency issues rules that deviate from original congressional intent, its funding may be reduced. This aims to increase transparency and accountability in how taxpayer money is spent.
Key points
The U.S. President must annually report which agency rules do not align with Congressional intent.
Congressional committees will review these rules and can propose a 0.5% funding reduction for each non-compliant rule.
If the President's report is late, the Executive Office of the President may also face a 0.5% funding cut for each week of delay.
Citizens can expect greater oversight on how government agencies spend their tax dollars.
Status:
Expired
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