Washington, DC — Senate Governmental Affairs Chairman Fred Thompson (R-TN) today announced that the president yesterday signed into law H.R. 930, the Travel and Transportation Reform Act of 1998.
“The American taxpayer deserves a government which is managed efficiently, reduces costs and prevents fraud and abuse,” Thompson said. “This Act will help the government better manage the $7 billion it spends on travel each year and save taxpayers $90 million over the next four years in the process.”
H.R. 930, with amendments, was reported out of the Committee on Governmental Affairs on August 25. The bill streamlines federal agencies’ travel processes and requires the federal government to use federal charge cards for official travel.
This would help create better documentation of purchases and cut down on red tape. Using the federal charge card would also provide additional savings to the government through rebates received from the credit card company for the value purchased.