Today, the Obama Administration is announcing the launch of the Government Accountability and Transparency Board. The Board, first announced by the President and Vice President in June as part of the Campaign to Cut Waste, will focus on rooting out misspent tax dollars and making government spending more accessible and transparent for the American people. Today, the President named several of the nation's top watchdogs and leaders on government accountability to the board, which will be led by interim chairman Earl Devaney. The Board is holding their first meeting this morning to begin developing plans to enhance transparency in federal spending and root out and stop waste, fraud, and abuse in federal programs.
"Cutting Waste, fraud and abuse has been something Washington has talked about for decades, but now more than ever, what the American people need is action," said Vice President Biden. "That's why we are tapping the top leaders across government who have been most aggressive in cracking down on waste to drive change and make the government work for our nation's families. With our nation's top watchdogs at the helm, we will deliver the kind of transparency and accountability for Federal spending that the public deserves and expects."