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Thursday, July 20, 2006

Senators weigh bill on disclosure of government spending (7/19/06)

"Supporters of legislation that would shed light on government spending through the use of a searchable database told a Senate subcommittee Tuesday that the measure would improve government transparency and help cut excessive spending.

The bill, sponsored by Senate Homeland Security and Governmental Affairs Federal Financial Management Subcommittee Chairman Tom Coburn, R-Okla., would establish a public database that would track federal money doled out to institutions.

A similar measure coasted through the House last month, but unlike the pending Senate measure, the bill sponsored by House Majority Whip Roy Blunt, R-Mo., and Government Reform Chairman Tom Davis, R-Va., would not require that federal spending on government procurements be reported. "

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