Making Data More Accessible

Real Time Federal Spending

Provide Updates to USASpending.gov to include other metrics similar to SEC filings for businesses. Cash Flow statements, income and balance sheets, and a covenant agreement showing specifically how our debt load will not impede our ability to manage and operate the day to day operations of our country. It should also include projected expenditures referenced to line items in the budget. Every manner of chart, graph, or cross-referencing metric should be provided to give interested citizens the tools to stay well-informed. Raw data sets should also be provided for external and independent analysis.

 

Results should be provided as closely to real-time as possible, by posting hard monthly financial documents no more than eight business days into the following month. Estimates should be made in real time based on the most reliable data available.

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Idea No. 3287