On the recordMay 7, 2013
In recent years, the Federal Government has wasted millions of dollars maintaining empty bank accounts that serve no purpose. Last year, the Government Accountability Office found that the government was spending more than $170,000 maintaining over 28,000 empty bank accounts at an annual cost of $2 million. That's inexcusable. No New Hampshire family or business would tolerate that type of waste, and neither should the government. That's why today I'm partnering with my Republican colleague, Representative Kevin Cramer, to introduce commonsense legislation that would put an end to this wasteful practice. This legislation won't solve our fiscal challenges, but the fact is the Federal Government shouldn't tolerate any waste, no matter how big or small. Let's prove to the American people that we're capable of coming together to cut the most obvious examples of waste by passing the CLEAN Act. ____________________
Source
govinfo.gov




