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TechTalk Blog - TRUMP ADMINISTRATION GIVES GREEN LIGHT FOR BUILD-OUT OF XBRL SO WE KNOW WHO, WHEN, WHERE TAXPAYER DOLLARS ARE BEING SPEND BY US GOVERNMENT

” Additionally, Mulvaney suggested in his testimony that OMB could help clarify the White House budget by publishing it using the same standards laid out in the Data Act. The nominee said he was looking forward to the implementation of the Digital Accountability and Transparency Act, an open government law passed in 2014 requiring agencies to publish financial information in a standardized format to the USASpending.gov website. Last Congress, Mulvaney co-sponsored three bills —the Searchable Legislation Act, the Statutes at Large Modernization Act and the Establishing Digital Interactive Transparency Act -- that would similarly track legislative actions, but were not passed



Blog Entry
TechTalk Blog: The Status of the DATA Act & How it Can Revolutionize Government Reporting Using Possibly XBRL

Great background article from Nextgov about the DATA ACT and the upcoming May 9, 2015 deadline that calls on the US Treasury and the Office of Management and Budget (OMB) to adopt a government-wide data standard for all federal spending information and moving this tagged data into an Open Data format Cloud platform for public consumption and analysis





Blog Entry
TechTalk Blog - US Government Mandates Machine-Readable Government Financial Reporting Using Data Standard Like XBRL For Better Data Analytics

President Trump on January 14, 2019 signed into law the Foundations for Evidence-Based Policymaking (FEBP) Act ( H.R. 4174 , S. 2046 ), which includes the Open, Public, Electronic, and Necessary (OPEN) Government Data Act (Title II).