LEDGER Act

Bill 119 s 1160, also known as the "Adequate Traceability for Federal Expenditures Act," is a proposed piece of legislation in the US Congress. The main goal of this bill is to ensure that there is proper tracking and documentation of all expenditures made by the Federal Government.

If passed, this bill would require all federal agencies to maintain detailed records of how taxpayer money is being spent. This includes keeping track of where funds are allocated, how they are being used, and who is responsible for overseeing the expenditures.

The bill aims to increase transparency and accountability within the government by making it easier for the public to access information about how their tax dollars are being utilized. By requiring adequate traceability for expenditures, the government can better identify and prevent instances of waste, fraud, and abuse. Overall, Bill 119 s 1160 seeks to promote responsible financial management within the Federal Government and ensure that taxpayer funds are being used efficiently and effectively.