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House Oversight Committee Approves Streamlined Federal Spending Tracker Bill

Photo: Anton Gvozdikov

The House Oversight Committee has unanimously approved a bill that would streamline information about federal spending — including contracts, loans, grants and agencies’ internal spending.

Committee Chairman Rep. Darrell Issa (R-Calif.) introduced last week the Digital Accountability and Transparency Act, which would provide a single, electronic platform to track federal spending to be based on the online tracking mechanism, Recovery.gov, created to track the infusion of 2009 Recovery Act federal dollars.

The new legislation would create the Federal Accountability and Spending Transparency Board, responsible for overseeing the repository of federal spending data.

Similar efforts are underway in the Senate, where Mark Warner (D-Va.) introduced companion legislation earlier this week. Nextgov reports that Warner’s bill has not yet had a committee hearing.

The bill is expected to garner bipartisan support in both chambers, The Hill reported.

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