S. 1434, known as the "TRACKS Act," aims to improve transparency in how taxpayer dollars are used by tracking funds sent to adversarial countries and foreign entities of concern. The bill amends the Federal Funding Accountability and Transparency Act of 2006, requiring disclosure of subawards...
Simple Explanation
The TRACKS Act is a rule that wants to make sure everyone knows where the money from U.S. taxpayers is going, especially when it's sent to countries that might not be friendly. It wants people to show where and how the money is spent, so it's not wasted or used for bad things.