Transparency troubles: Audit finds $619B gap in federal spending site


Excerpted from Fox News

The Obama administration failed to properly account for how it spent nearly $619 billion, according to a watchdog audit of the main federal website meant to track where taxpayer money is going.

The report from the Government Accountability Office picked apart the website, and the agencies feeding information to it.

The database of government spending and contracts was created out of a 2006 transparency law, but the GAO found it continues to have serious problems. The Department of Health and Human Services was the worst offender, during the 2012 period GAO examined.

“Although agencies generally reported information for contracts to, they did not properly report information on assistance awards, totaling nearly $619 billion,” the GAO reported.

USA Today first reported on the GAO audit. Continue Reading

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