A Step in the Right Direction: USASpending Site

Haven't had much of a chance to poke around it yet, but the newly released USA Spending site is definitely worth a long look.

The purpose of the site, mandated by the Transparency Act:

To provide the public with information about how their tax dollars are spent. Citizens have a right and need to understand where tax dollars are spent. Collecting data about the various types of contracts, grants, loans, and other types of spending in our government will provide a broader picture of and much needed transparency to the Federal spending processes. The ability to look at contracts, grants, loans, and other types of spending across many agencies, in greater detail, is a key ingredient to building public trust in government and credibility in the professionals who use these agreements.