Mr. Speaker, I move to suspend the rules and pass the Senate bill (S. 2590) to require full disclosure of all entities and organizations receiving Federal funds. Mr. Speaker, I ask unanimous consent that all Members have 5 legislative days…
Mr. Speaker, I move to suspend the rules and pass the Senate bill (S. 2590) to require full disclosure of all entities and organizations receiving Federal funds.
Mr. Speaker, I ask unanimous consent that all Members have 5 legislative days within which to revise and extend their remarks and include extraneous material on the bill under consideration.
Mr. Speaker, I yield myself such time as I may consume.
Majority Whip Roy Blunt and I originally introduced H.R. 5060 to amend the Federal Financial Assistance Management Improvement Act of 1999 to require data with respect to Federal financial assistance to be available for public access in a searchable and user-friendly form. Our bill passed the House on June 21, 2006.
Today, we are taking up the Senate companion bill, S. 2590, introduced by Senator Coburn and Senator Obama, which would require Federal financial assistance data, as well as data about government contracts, to be available for public access.
This bill would require the Office of Management and Budget to create a Web site listing all grant awards and contracts in a manner that would be easily accessible and free of charge. In a nutshell, this is about information to taxpayers about how their hard-earned dollars are being spent. Each award or contract would have to be listed on the Web site within 30 days of enactment of this act. Currently, no such real- time disclosure is required to grant awards, and data that is available often is not timely.
Further, there is no central database of all entities receiving Federal funds, including the nearly 30,000 organizations that are awarded nearly $300 billion in Federal grants each year. In fact, several agencies have taken different approaches to publicizing information about grantees, and all too often little or no information is available online.
This legislation puts into place a framework that sheds light on the Federal grant process, allowing anyone with access to the Internet the ability to review and search financial assistance rewards. Sunshine, Mr. Speaker, is the best disinfectant. This legislation will provide greater transparency in the grant-making process and require continued improvement of the already existing, but inadequate transparency, in Federal contract awards.
I want to thank the gentleman from Missouri for recognizing the importance of this issue. I want to congratulate him on bringing this measure forward. I also want to thank our ranking member, Mr. Waxman, for reaching across the aisle to move this legislation forward in a timely manner.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I yield such time as he might consume to the gentleman from Missouri (Mr. Blunt), who has had a lot to do with originating this bill in the House and helping us work out the details with the Senate.
I yield 3 minutes to the gentleman from Indiana (Mr. Souder).
(Mr. SOUDER asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I urge all Members to support the passage of S. 2590.
Mr. Speaker, I yield back the balance of my time.