Requires the President’s annual budget to show, for each federal agency, how much money was paid improperly and the agency’s improper payment rate. It must also explain why those errors occurred, how the amounts and rates have changed over the past three years, and which corrective actions are still unfinished with specific next steps to fix them.

This aims to increase transparency and accountability in federal spending, help Congress and the public track progress on reducing waste, and press agencies to complete corrective actions. It adds reporting requirements but does not create new programs or spending.