Press release: President Bush Signs Federal Funding Accountability and Transparency Act -“…Federal Funding Accountability Act — Accountability and Transparency Act will create a new website that will list government grants and contracts greater than $25,000. We’ll list all grants except for those above $25,000, except for those that must remain classified for national security reasons. The website will allow our citizens to go online, type in the name of any company, association, or state or locality and find out exactly what grants and contracts they’ve been awarded. It will allow citizens to call up the name and location of entities receiving federal funds, and will provide them with the purpose of the funding, the amount of money provided, the agency providing the funding and other relevant information.”