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Wednesday, July 25, 2018

Over Half of the Federal Government’s Spending Data Is Wrong


They even lie about the numbers.

The Permanent Subcommittee on Investigations, led by chairman Rob Portman (R., Ohio) and ranking member Tom Carper (D., Del.), released a report Tuesday finding nearly every agency is failing to accurately report its spending as required by federal law.

The subcommittee reviewed over two dozen inspector general reports and determined 55 percent of the spending data submitted to USAspending.gov was inaccurate. The errors accounted for $240 billion in spending during the second quarter of 2017, according to the report.

The Digital Accountability and Transparency Act of 2014, or DATA Act, required federal spending to be easily accessible to the public through a searchable website, which became USAspending.gov. The website was revamped earlier this year, but agencies are not meeting their requirements to submit accurate, consistent, and reliable data on its spending.

The agency in charge of USAspending.gov—the Treasury Department—is among the worst culprits, as 96 percent of its own data is inaccurate.

"The most troubling aspect of the Treasury Department's difficulties in submitting accurate data to USAspending.gov is that it is the very agency that created the DATA Act standards for [the] rest of the federal government," the report said.

One hundred percent of the Defense and Energy departments' spending was either incorrectly reported or not reported at all.

The Pentagon's inspector general warned, "Policymakers may not be able to rely on the DoD's financial and award data to make decisions and effectively plan for mission critical programs and operations."

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