Transparent Spending

About a month ago, I posted praises for the Coburn-Obama bill, asking for a website that lets people see how the federal government spends money. Today it was signed! Bush says,

This bill is going to create a website that will list the federal government's grants and contracts. It's going to be a website that the average citizen can access and use. It will allow Americans to log onto the Internet just to see how your money is being spent. This bill will increase accountability and reduce incentives for wasteful spending.

I think that regardless of politics, this is something everyone can get behind. And more importantly, it democratizes democracy, giving all Americans easy-to-use tools to get more information. I can't wait to see what happens now that this info is public!