Sens. Tom Coburn (R) of Oklahoma, Barack Obama (D) of Illinois, Thomas Carper (D) of Delaware, and John McCain (R) of Arizona  are consponsors of legislation S. 2590 - Federal Funding Accountability and Transparency Act, that “directs the White House Office of Management and Budget to create a website showing all recipients of federal grants, contracts, and other payments. It must be free, easy to search, and accessible to the public.”

The Federal Assistance Award Data System currently available only provides access to information for one year. The new system would provide a resource to search for US contracts, grants, or other payments made over the past 10 years so taxpayers could really see where there money was going.

 Source: Christian Science Monitor