WASHINGTON, D.C.— Today Congressman Poe released the following statement after President Obama signed the bipartisan Foreign Aid Transparency and Accountability Act (HR 3766) into law.

“I am pleased to hear that the Foreign Aid Transparency and Accountability Act has been signed into law”, said Congressman Poe. “A rigorous evaluation of our foreign aid system is completely necessary. For over 50 years, the United States has been operating on an outdated system.  I authored the bill because taxpayers deserve to know where the federal government is spending their hard earned dollars. As the current system sits, billions of taxpayer dollars are sent to countries around the world, however, no one really knows just how far those dollars go. Now that this bill is law, the American people finally have the ability to see both where there money is sent and how effective the aid provided is. “