Washington, Sept. 15 -- Representative Jimmy Panetta issued the following press release:
United States Representatives Jimmy Panetta (CA-19) and Barry Moore (AL-01) announced that their bipartisan, bicameral Stop Secret Spending Act was signed into law to require public disclosure of previously hidden government expenditures. Senators Joni Ernst (R-IA) and Gary Peters (D-MI) led the legislation in the Senate.
Current law requires most federal spending to be publicly reported on USAspending.gov (http://usaspending.gov/), allowing taxpayers to see who receives federal funds and details about how, where, and why the money is spent. However, a loophole has allowed agencies to withhold thousands of spending arrangements known as Other Transact...