A government website intended to make federal spending more transparent was missing at least $619 billion from 302 federal programs, a government audit has found.
And the data that does exist is wildly inaccurate, according to the Government Accountability Office, which looked at 2012 spending data. Only 2% to 7% of spending data on USASpending.gov is "fully consistent with agencies' records," according to the report. Read more...
Among the data missing from the website is almost $544 billion the Department of Health and Human Services spent on programs such as Medicare. Incompatibility of accounting systems contributed to about $5.3 billion in spending by the Department of the Interior.