Bill To Reduce Spending Co-Sponsored By McIntyre To Be Signed Into Law

Major element of Blue Dog Blueprint for Fiscal Reform

Washington, DC – This week, bi-partisan legislation to eliminate $98 billion in waste, fraud and abuse cleared its last major hurdle on the way to the President’s desk with House passage of S. 1508,the Improper Payments Elimination and Recovery Act.

This legislation, co-sponsored by Representative McIntyre, is a major element of the Blue Dog Blueprint for Fiscal Reform, a comprehensive plan to reduce the deficit, balance the budget and lay the groundwork for sound fiscal policies over the long term.

Congressman McIntyre stated, “This is a bill that protects taxpayer dollars and reduces waste.  It is important that we do all we can to bring much needed fiscal discipline to the federal government and real savings for the American taxpayer.”

The Improper Payments Elimination and Recovery Act (IPERA) would reduce the estimated $98 billion in improper payments – those that occur when a federal agency pays too much or pays twice for a product or service. Specifically, the bill contains such provisions as increasing transparency by lowering the improper payment threshold for agencies, requiring agencies to develop action plans to avoid future waste, recovering overpayments, and holding agencies accountable.