    [Public Papers of the Presidents of the United States: George W. Bush (2006, Book II)]
    [September 13, 2006]
    [Page 1642]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on House of Representatives Passage of Federal Funding
    Accountability and Transparency Legislation
    September 13, 2006

        I applaud the House for today's passage of S. 2590, the ``Federal
    Funding Accountability and Transparency Act of 2006,'' and look forward
    to final passage by the Senate soon. This legislation demonstrates
    Congress's commitment to giving the American people access to timely and
    accurate information about how their tax dollars are spent.
        This bill builds on existing administration initiatives to help
    ensure Federal agencies clearly reflect how they spend the taxpayers'
    money. Expectmore.gov is one such resource, allowing Americans to see
    which Federal programs are successful and which ones fall short.
        In addition to these reforms, I urge the Senate to follow the House
    in passing the line item veto, a critical tool that will help rein in
    wasteful spending and bring greater transparency to the budget process.
    I call on the Senate to pass this important legislation this month.