ENTRIES TAGGED "spending data"
If legislative efforts to standardize federal government spending data founder in the U.S. Senate, it's a missed opportunity.
The old adage that “you can’t manage what you can’t measure” is often applied to organizations in today’s data-drenched world. Given the enormity of the United States federal government, breaking down the estimated $3.7 trillion dollars in the 2012 budget into its individual allocations, much less drilling down to individual outlays to specific programs and subsequent performance, is no easy task. There are several sources for policy wonks to turn use for applying open data to journalism, but the flagship database of federal government spending at USASpending.gov simply isn’t anywhere near as accurate as it needs to be to source stories. The issues with USASpending.gov have been extensively chronicled by the Sunlight Foundation in its ClearSpending project, which found that nearly $1.3 trillion of federal spending as reported on the open data website was inaccurate.
If the people are to gain more insight into how their taxes are being spent, Congress will need to send President Obama a bill to sign to improve the quality of federal spending data. In the spring of 2012, the U.S. House passed by unanimous voice vote the DATA Act, a signature piece of legislation from Representative Darrell Issa (R-CA). H.R. 2146 requires every United States federal government agency to report its spending data in a standardized way and establish uniform reporting standards for recipients of federal funds.