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Bipartisan Bill Forcing Transparency On Hidden Federal Dollars Heads To Trump
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Tampa Free Press
Bipartisan legislation designed to expose tens of billions of dollars in previously unreported federal spending is heading to the President’s desk for final signature after passing Congress.
Under current practices, agencies use OTAs to bypass traditional procurement channels, allowing billions in federal payouts to remain unlisted on public tracking platforms.
Government Accountability Office figures show that agencies routed more than $40 billion through OTAs between fiscal years 2020 and 2022 without public entry.
In the last fiscal year alone, over $18 billion in federal payouts went unrecorded on the public site.
“The Stop Secret Spending Act brings much-needed transparency to a system that has allowed billions of dollars in spending to fly under the radar.