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Stop Secret Spending Act of 2024

1/14/2025, 7:03 PM

Summary of Bill S 3926

Bill 118 s 3926, also known as the Stop Secret Spending Act of 2024, is a piece of legislation introduced in the US Congress with the aim of increasing transparency and accountability in government spending. The bill seeks to address the issue of undisclosed or "secret" spending by requiring federal agencies to publicly disclose any expenditures that are not currently subject to public scrutiny.

Under the Stop Secret Spending Act, federal agencies would be required to report any expenditures that are not currently disclosed in their annual budget requests to Congress. This would include any funds spent on classified programs, covert operations, or other activities that are not publicly accounted for.

The bill also includes provisions for increased oversight and accountability, including the establishment of a new oversight committee to monitor and review government spending. This committee would be responsible for ensuring that all federal agencies are in compliance with the new disclosure requirements and would have the authority to investigate any instances of non-compliance. Overall, the Stop Secret Spending Act of 2024 aims to promote transparency and accountability in government spending by requiring federal agencies to disclose any expenditures that are currently kept secret from the public. By increasing oversight and accountability, the bill seeks to ensure that taxpayer dollars are being spent responsibly and in the best interest of the American people.

Current Status of Bill S 3926

Bill S 3926 is currently in the status of Bill Introduced since March 12, 2024. Bill S 3926 was introduced during Congress 118 and was introduced to the Senate on March 12, 2024.  Bill S 3926's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 707. as of December 17, 2024

Bipartisan Support of Bill S 3926

Total Number of Sponsors
5
Democrat Sponsors
0
Republican Sponsors
5
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
0
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3926

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Budget deficits and national debt
- Congressional oversight
- Government information and archives
- Internet, web applications, social media

Alternate Title(s) of Bill S 3926

Stop Secret Spending Act of 2024
Stop Secret Spending Act of 2024
A bill to amend the Federal Funding Accountability and Transparency Act of 2006 to ensure that other transaction agreements are reported to USAspending.gov, and for other purposes.

Comments

Layton Hodge profile image

Layton Hodge

701

1 year ago

I heard about this new bill, and I'm not sure what to think about it. Does it really stop secret spending or is it just another way for politicians to hide their shady deals? Who benefits from this anyway?