Senate Passes GONE Act to Cut Government Waste

Statement

Today, the U.S. Senate unanimously passed S. 1115 -- The Grants Oversight and New Efficiency (GONE) Act. U.S. Senators Deb Fischer (R-Neb.) and Joe Manchin (D-W.Va) reintroduced this bipartisan legislation in April to save taxpayer dollars by providing additional oversight over the financial accountability of federal grant programs. The bill would require agencies to close out expired grant accounts with zero dollar balances and undisbursed funding remaining. These expired accounts cost taxpayers millions of dollars each year. Senator Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, is also a cosponsor of the bill.

Senator Fischer released the following statement:

"While tales of government waste are all too familiar, government spending on literally nothing appears to be a new low. The GONE Act takes significant steps to close out these long expired grants and identify why they were never closed in the first place. The American people deserve more accountability from the federal government, and I hope we can soon send this bill to be signed into law."

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