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ATR & COGC Support the Foreign Aid Transparency and Accountability Act
Today, Americans for Tax Reform and Cost of Government Center have sent a letter to the House of Representatives supporting H.R. 2638, the Foreign Aid Transparency and Accountability Act. The bill, introduced by Rep. Ted Poe (R-Texas) and Rep. Gerald Connolly (D-Va.), would add a level of accountability and transparency across all federal programs that administer foreign aid. H.R. 2638 will help lawmakers make fiscally responsibly decisions and allow taxpayers access to information on how their money is being spent. In part, the letter reads:
Funding for foreign aid programs has doubled in the last 10 years, and now spans 25 agencies and nearly 60 federal offices. This decentralized system makes tracking and evaluating the efficacy of foreign aid spending nearly impossible. Despite the administration’s efforts, the dashboard is unsatisfactory, with only a small percentage of actual spending data readily available on the portal.
The Foreign Aid Transparency and Accountability Act addresses both of these issues. H.R. 2638 would require the President to establish guidelines for each federal agency that administers foreign aid, providing consistent reporting across different offices. To ensure completion, the dashboard initiative would be codified into statute, and the amount of information required to be shared on the portal would be expanded. With more information available—such as budget justifications and mission evaluations—taxpayers and policymakers alike will be able to better assess how to allocate scarce public dollars for the most efficient results.
To read the whole letter, click HERE.