Federal Funding Accountability and Transparency Act of 2006
The Federal Funding Accountability and Transparency Act of 2006 is an Act of Congress that requires the full disclosure to the public of all entities or organizations receiving federal funds beginning in fiscal year (FY) 2007. The website USAspending.gov opened in December 2007 as a result of the act, and is maintained by the Office of Management and Budget. The Congressional Budget Office estimates S. 2590 will cost $15 million over its authorized time period of 2007–2011.
President George W. Bush signing the Federal Funding Accountability and Transparency Act of 2006 in the Eisenhower Executive Office Building on September 26, 2006.
Thomas Allen Coburn was an American politician and physician who served as a United States senator from Oklahoma from 2005 to 2015. A Republican, Coburn previously served as a United States representative from 1995 to 2001.
Tom Coburn
Senators Coburn and Barack Obama discuss S. 2590 in 2006
Senators Coburn and Obama and Congressman Jeb Hensarling greet President George W. Bush at the signing ceremony of the Federal Funding Accountability and Transparency Act of 2006
Senator Coburn at the 2014 Conservative Political Action Conference (CPAC) in Maryland
