Watchdogs Rejoice
Government watchdog bloggers - like those at the Sunlight Foundation and Government, Inc. - are in an unusually happy mood this morning as a bill meant to
Jul 31, 202040.6K Shares3.6M Views
Government watchdog bloggers – like those at the Sunlight Foundationand Government, Inc.– are in an unusually happy mood this morning as a bill meant to expose rogue government contractors passed the House yesterday afternoon. The "Contractor and Federal Spending Accountability Act" sponsored by Rep. Carolyn Maloney (D-N.Y.) would set up a public database- maintained by the General Services Administration- showing all contractors who’ve broken the law or violated the terms of their contract. Claire McCaskill (D-Mo.) announced yesterday that she’ll introduce a Senate version of the bill.
Maloney’s bill sounds awfully modest ("Not a database!" screams Blackwater), but there’s currently no way of knowing if the $430 billion annually spent on government contracting is being properly used. Along with monitoring these contractors, private companies will also be forced to report their subcontractors- who are often in charge of executing the contract’s stated goals.
Currently, the closest thing to a full database is the Project on Government Oversight’s "Federal Contractor Misconduct Database." Over at POGO’s blog, Michael Smallberg praisedthe contractor accountability act as a more authoritative way to "separate the good contractors from the bad and the ugly."
Camilo Wood
Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers.
Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles