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New Analysis from Sunlight Identifies $1.3 Trillion in Broken Federal Spending Data

News release: The Sunlight Foundation launched ClearSpending.com, a new website and “scorecard” that analyzes how well U.S. government agencies are reporting their spending data on USASpending.gov. Clearspending is the most thorough analysis of this federal grant and loan data ever conducted…Sunlight’s analysis reveals that more than $1.3 trillion in federal reporting data from 2009 is broken. These data inaccuracies account for 70 percent of the total $1.9 trillion in government spending data reported last year. Clearspending offers a critique on the reliability of data from USASpending.gov, across three metrics–consistency, completeness and timeliness–and covers spending from 2007, 2008 and 2009.”

  • Read the full report online.
  • For more information on Clearspending’s methodology
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