Transparency of Federal Funding (US0135)
Overview
At-a-Glance
Action Plan: United States Action Plan 2022-2024 (December)
Action Plan Cycle: 2022
Status:
Institutions
Lead Institution:
Support Institution(s):
Policy Areas
Fiscal Openness, Publication of Budget/Fiscal InformationIRM Review
IRM Report: Pending IRM Review
Early Results: Pending IRM Review
Design i
Verifiable: Yes
Relevant to OGP Values: Yes
Ambition (see definition): Low
Implementation i
Completion: Pending IRM Review
Description
The Biden-Harris Administra- tion remains committed to supporting the effective implementation, transparency, and strong stewardship of funds related to financial assistance, including the continued execution of the American Rescue Plan Act (Pub- lic Law 117-2), the Infrastructure Investment and Jobs Act (Public Law 117-58), and the Inflation Reduction Act (Public Law 117-169). As outlined in the President’s Management Agenda, the Administration will con- tinue to take proactive steps to foster accountability, performance, and public trust in the administration of financial assistance programs, while implementing sound financial management of these resources. To further the accountability and transparency of Federal spending, the Administration is committed to advancing the Federal Program Inventory efforts as outlined in the Office of Management and Budget’s 2021 report to Con- gress. In addition, President Biden signed the Congressional Budget Justification Transparency Act on Septem- ber 24, 2021 (Public Law 117-40), making more budget information open, transparent, and accessible. These efforts demonstrate this Administration’s commitment to transparency and accountability of Federal spending. The Biden-Harris Administration commits to quarterly reporting against success metrics and milestones on performance.gov/pma and to advancing Federal Program Inventory efforts on an ongoing basis, contingent on availability of appropriations.
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