Thursday, December 8, 2011

Lankford Intros Taxpayers Right To Know Act

Congressman James Lankford introduced H.R. 3609, the Taxpayers Right to Know Act, in the House today to provide the American people with a better understanding of how their tax dollars are spent.

Congressman Dan Boren is an original cosponsor of the legislation, and Senator Tom Coburn is the lead sponsor in the Senate.

A GAO report released in March 2011 found “overlap and fragmentation among government programs or activities can be harbingers of unnecessary duplication.” The Taxpayers Right to Know Act addresses this waste in government by requiring each federal agency to produce an annual report that identifies every program with a description of the program and its costs, expenditures for services, beneficiaries of services and number of staff. This information would be posted online, along with recommendations from each agency to improve their efficiency. By eliminating overlap, duplicative programs and services and fraudulent payments, GAO estimates billions of dollars could be saved annually.

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