LEDGER Act

This bill would make the Treasury Department build a system to track every dollar the federal government spends. It must cover spending by all departments and offices in the executive, legislative, and judicial branches, and show how long each pot of money is available to use. Treasury would have 180 days after the bill becomes law to put this system in place .

The goal is to make it easier to see where tax dollars go and how they are used over time, improving transparency and accountability across government.

Key points:

• Who is affected: Treasury and all federal departments, agencies, and offices in every branch of government.
• What changes: A new system must track all outlays from each fund or account and include the time period those funds are available .
• When: Within 180 days after enactment.