Fergie's Tech Blog

Bush Signs Spending Tracker Bill

An AP newswire article, via CBS News, reports that:

President Bush said Tuesday that Americans will now be able to "Google their tax dollars," as he signed a law to create an online database for tracking about $1 trillion in government spending on grants and contracts.

The law is aimed at preventing wasteful spending by opening the federal budget to greater scrutiny. The information is already available, but the Web site would make it easier for those who aren't experts on the process to see how taxpayer dollars are being spent.

posted by Fergie @ 9/26/2006 01:22:00 PM