What is the official ID of this bill?
The official print number for this legislation is HR 8340.
New rules for government spending: more oversight and public transparency
The act requires government agencies to be more accountable for every dollar spent. New regulations will allow citizens to more easily check if their taxes are being used efficiently and transparently.
Key points
Agencies must publicly demonstrate whether spent money achieved the intended results.
Introduction of 4-year financial plans to better manage budgets and avoid waste.
Increased transparency of financial reports, making them easier for every citizen to access.
Strengthening internal controls to reduce improper or unjustified payments.
Status:
Introduced
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