Agencies Continue to Struggle With Accurate Spending Reports, Underreporting by Billions
Most federal agencies are required by law to have uploaded their financial data on USASpending.gov, but complying with the federal transparency law has been a little messy, watchdog reports show.
The Digital Accountability and Transparency Act, known as the DATA Act, required agencies make their spending data available to the public online by May 2017. The yearly spending—about $3.7 trillion—is displayed on Beta.USAspending.gov. The act also tasks the Treasury Department and the Office of Management and Budget with overseeing agency reports, and requires agencies’ inspectors general to assess the quality of the data they upload.