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Financial Services Law Insights and Observations

Treasury Unveils New Website to Track Federal Spending

Federal Issues Department of Treasury

Federal Issues

On May 9, the Treasury Department launched beta.usaspending.gov, a website designed to track agency expenditures and link relevant agency expenditure data with awards distributed by the government. Treasury reports that it developed the “next generation” of USAspending.gov in accordance with requirements contained in the Digital Accountability and Transparency Act (DATA Act) of 2014. The beta site indicates that it will run concurrently with the previous version of the USAspending.gov website over the summer to minimize disruptions to users' data access and provide more time to add user-centered enhancements. Once fully operational, Treasury touts that the new site will allow for searches across all federal spending data by location (state, city, county), by federal agency or by keyword for a specific policy, type of spending, or recipient.