Obama, McCain want spending transparency

Agencies might have to open more of their contracting activities for public scrutiny now that the presumptive presidential nominees of both major parties have declared their support for a bill to make the federal government more transparent. But a procurement expert said the bill might slow down the procurement process if agencies become more cautious about awarding contracts.

Sen. Barack Obama (D-Ill.), the presumptive Democratic nominee, introduced the bill, called the Strengthening Transparency and Accountability in Federal Spending Act (S. 3077). Sen. John McCain (R-Ariz.), the presumptive Republican nominee, was an original co-sponsor of the legislation.

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