This data set took six years to create. Worth every moment.
Today, for the first time in history, the U.S. federal government's spending information is one single, unified data set. Under a deadline set by the DATA Act of 2014, today every federal agency must begin reporting spending to the Treasury Department using a common data format. And Treasury has published it all online, in one piece, offering a single electronic view of the world's largest organization. Today, we celebrate Darrell Issa, Mark Warner, Christina Ho, Tim Gribben, and all the other leaders who caught Jefferson's dream of a single, unified federal spending data set, and didn't let go.
FROM EXECUTIVE DIRECTOR HUDSON HOLLISTER: "We call on the new Trump Administration and the 115th Congress to enforce (and expand) the DATA Act, embrace a government-wide transformation of all information resources through the OPEN Government Data Act, and initiate regulatory reforms that use open data to reduce burdens, governed by the Financial Transparency Act and other reforms. I am optimistic that we will realize all three goals."
Standard Business Reporting programs are in place in the Netherlands and Australia. SBR applies open data to regulation by adopting consistent data standards across multiple agencies' reporting requirements. SBR can reduce compliance costs while avoiding political battles over the substance of what companies are required to report to regulatory agencies. The 115th Congress and the Trump Administration should take notice.
When disastrous flooding destroyed over 100,000 homes in Louisiana, the Data Coalition's Sarah Joy Hays rallied tens of thousands of dollars in relief. We are so proud to have Sarah Joy as our friend and colleague.
The Data Transparency Coalition is changing its name to Data Coalition. Today also marks the launch of the Data Foundation, the nation’s first industry-focused open data research organization. Through research, education, and programming, the new Foundation will illuminate the benefits of transforming government information into standardized, open data.