I believe this amendment represents a small but important step which will serve the good of the American people. My amendment is very simple. It establishes a user-friendly Web site where the American people can quickly and accurately see where their money is going. During debate yesterday, we heard the need for more oversight, more transparency, and more control over the flow of TARP funds. I am glad that we here in Congress will be provided more information about TARP funds. However, what about the American people? This is their money, and I believe they need to be able to track it. I hope that an online database will provide a helpful tool in this effort. In essence, this amendment seeks to create a Google for TARP. This Web site will clearly display who is using the money, for what purposes and how their dollars will ultimately cycle back to their pockets.
Editor's note · Context
Discussing an amendment for transparency in TARP fund allocation.
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