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Government Spending Transparency: Agencies Must Report Improper Payments and Fixes.

This law mandates that federal agencies include detailed information about "improper payments"—money paid incorrectly due to error or fraud—in the President's annual budget submission. The goal is to increase accountability and reduce waste by forcing agencies to explain the causes of these errors and outline specific corrective actions. Citizens will gain better insight into how effectively taxpayer money is being managed and spent.
Key points
Federal agencies must publicly report the amounts and rates of money paid out improperly (e.g., by mistake or fraud).
Reports must include detailed explanations for why these errors occurred, trends over the past 3 years, and specific steps planned to fix the underlying issues.
The change aims to improve government efficiency and ensure taxpayer funds are used correctly.
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Additional Information
Print number: 118_S_4661
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2024-07-10