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Congress Must Flex Its Purse-String Powers

By Tenn. Dem. Rep. John Tanner - 05/28/06 09:28 AM ET
We are borrowing record amounts of money from other countries to fund our own federal government, but there is little to no accounting for how that money is being spent. Inspectors General in each agency identify waste, inefficiency, fraud and abuse that could save taxpayers billions of dollars.

No private business in this country could operate the way Washington is operating. Congress takes money from citizens involuntarily and appropriates it to an Administration. This Congress has completely abdicated its constitutional responsibility and obligation to hold this Administration accountable.

Congress does not ask how money is being spent, and if they did, the Administration couldn't answer. The citizens of this country should expect someone to account for where their tax money is going. My bill mandates that Congress explore financial mismanagement.

Source:
http://thehill.com/blogs/congress-blog/politics/30452-congress-must-flex-its-purse-string-powers

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