This bill codifies Executive Order 14249 into permanent law to protect American bank accounts from fraud, waste, and abuse.
Ashley Hinson
Representative
IA-2
The Protecting American Taxpayers from Wasteful Spending Act aims to safeguard federal funds by permanently codifying Executive Order 14249 into law. This action establishes mandatory requirements across government agencies to actively combat fraud, waste, and abuse in the use of taxpayer money. Ultimately, the bill seeks to ensure greater accountability and protection for America's bank accounts.
New Act Makes Anti-Fraud Order Permanent Law: Protecting Taxpayer Funds from Waste and Abuse
The “Protecting American Taxpayers from Wasteful Spending Act” is a short, sharp piece of legislation that does one main thing: it takes an existing presidential directive, Executive Order 14249, and makes it a permanent, statutory law. This order is focused squarely on protecting “America’s bank account” from fraud, waste, and abuse.
Making Fraud Prevention Mandatory
Think of it this way: Executive Orders are powerful, but they can be undone by the next administration. This bill locks the rules down. By codifying Executive Order 14249 into law (SEC. 2), Congress is making the anti-fraud measures and requirements laid out in that order mandatory for all federal agencies, regardless of who is in the White House. This means the systems and procedures currently in place to stop misuse of funds—whether it’s stopping fraudulent payments or tracking down wasted dollars—are now permanent legal requirements.
What This Means for Your Wallet
For the average person juggling a mortgage and rising grocery costs, this bill is about plugging leaks in the federal budget. When government agencies lose money to fraud or waste—like paying out benefits to ineligible recipients or purchasing overpriced equipment—taxpayers ultimately foot the bill. This law aims to strengthen the foundation of federal financial integrity, ensuring that the money collected from payroll taxes and income taxes is spent on what it was intended for, not siphoned off by bad actors.
For example, if you are a small business owner relying on a government contract, this ensures the anti-fraud checks on those payments are robust and consistent. If you are a citizen receiving federal benefits, this helps secure the system against large-scale fraud schemes that could destabilize the program. The biggest impact is on those who might try to cheat the system; the law creates a permanent, high legal bar for agencies to maintain vigilance against financial crime and misuse of public funds.