LEDGER Act

The LEDGER Act (S 1160) requires the Treasury Department to create a system tracking every federal government disbursement within 180 days of enactment. It mandates that all departments, agencies, and offices across the executive, legislative, and judicial branches report spending details, including the availability period of each funding source. This affects all federal entities that receive or spend government funds by requiring granular tracking of where money comes from and how it’s used. The law aims to improve transparency in federal spending by making expenditure data systematically accessible.