Walberg Bill to Cut Government Waste Heads to President’s Desk
Washington, D.C. – Two bipartisan bills authored by Congressman Tim Walberg (MI-07) to increase government accountability and save taxpayer dollars passed the House of Representatives today, and one of them is now on its way to President Obama's desk to become law.
The Grants Oversight and New Efficiency (GONE) Act was introduced along with Congresswoman Brenda Lawrence (D-MI) in the House and Senator Deb Fischer (R-NE) in the Senate and now heads to the President's desk. This bipartisan bill requires federal agencies to take action to identify thousands of expired grant accounts with a zero balance that should be closed out.
A 2012 Government Accountability Office report identified nearly one billion dollars remaining in undisbursed funds within expired grant accounts. It is also estimated that federal agencies spend $2 million dollars per year to maintain accounts with no funds in them. Click here to watch Walberg's floor speech.
"Even as we debate this bill today, the federal government is racking up service fees to administer thousands of expired, empty grant accounts—costing taxpayers millions of dollars per year. Fiscal mismanagement is a Washington trademark, but it doesn't have to be that way if we take common sense steps to responsibly manage our budget to eliminate wasteful spending," said Walberg.
The Taxpayers Right-To-Know Act, which was introduced along with Congressman Jim Cooper (D-TN), also passed the House today and awaits action in the Senate, where Senator James Lankford (R-OK) has introduced a companion bill. This bipartisan bill makes it easier to evaluate federal government spending by requiring federal agencies to identify their programs and provide basic information on what the program does and how much they cost. Click here to watch Walberg's floor speech.
"Without better data and reporting on where taxpayer dollars are being spent, billions more will be lost on duplicative, wasteful programs. This bipartisan bill will help identify and streamline outdated and inefficient programs so we stop throwing away the American people's hard-earned tax dollars," said Walberg.
Congressman Walberg serves on the House Education and the Workforce Committee as Chair of the Workforce Protections Subcommittee. In addition, he serves on the House Oversight and Government Reform Committee. For more information on Walberg's work in Congress visit walberg.house.gov.