WASHINGTON, Aug. 7 -- Sen. Joni Ernst issued the following press release:
WASHINGTON - U.S. Senator Joni Ernst's (R-Iowa) bipartisan bill requiring public disclosure of tens of billions of secret government spending was approved by the Senate today and is headed to the president to become law.
Watch Senator Ernst's full speech here.
Current law requires most federal spending to be publicly reported on 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 Transaction Agreements (OTAs) from public disclosure.
The Stop Secret Spending Act closes that loophole by req...