Connect with us

Hi, what are you looking for?

Big Wealth DailyBig Wealth Daily

World News

Radical new DOGE transparency powers could hit Congress after Elon Musk exit

NEWYou can now listen to Fox News articles!

Rep. Chip Roy, R-Texas, is pushing to grant Congress vast new oversight powers over real-time federal spending to pick up where Elon Musk left off with the Department of Government Efficiency (DOGE).

A new bill that Roy is introducing on Wednesday would give lawmakers access to Treasury Department invoices larger than $25,000 in real time.

It would also grant lawmakers the ability to see payments to individual recipients of federal benefits and federal employees, according to bill text previewed by Fox News Digital.

It comes roughly a week after Musk announced he was stepping away from his federal government role – followed by his criticism of congressional Republicans’ spending legislation on the way out the door.

‘DOGE lifted up the hood of federal government spending and put on full display the massive programs and inefficiencies wasting American taxpayer dollars,’ Roy told Fox News Digital.

‘Billions were splurged on waste, fraud and abuse – but also on programs that clearly do not align with the core values of the American people. Regardless of which party controls the White House, the mission of DOGE in identifying wasteful spending must continue.’

He said his legislation would give Congress ‘the best tools available to identify this ridiculous spending in real time and allow us to reform government spending well into the future.’

Fiscal hawks like Roy are already looking to the next steps even as Congress begins consideration of a $9.4 billion spending cut proposal sent by the White House on Tuesday. 

The mechanism, known as a rescissions package, gives Capitol Hill 45 days to approve the blockage of funds – which were previously greenlit by Congress – while lowering the Senate’s threshold for passage on it from 60 votes to 51.

The package, which Republican leaders signaled could be the first of several, targets federal funding to NPR, PBS and the U.S. Agency for International Development (USAID).

House GOP leaders said that package would get a vote next week.

This post appeared first on FOX NEWS

You May Also Like

World News

Pakistan’s armed forces said they hit back at India, targeting military sites, after India fired missiles at three of its air bases in a...

Stock

For those of you who are a bit more steeped in technical analysis, you’ve likely heard of Dow Theory. A set of principles developed...

World News

The Department of Justice has opened a criminal investigation into New York Attorney General Letitia James, Fox News has learned. A source familiar with...

World News

House Republicans released a sweeping plan late on Sunday to curb who gets Medicaid coverage and roll back former President Joe Biden’s electric vehicle...