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Obama Signs Nation's First 'Open Data' Law
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Whoopty
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Whoopty,
User Rank: Ninja
5/13/2014 | 6:33:10 AM
Re: Opaque Transparency
I wouldn't be surprised if this is what comes about either. Business as usual in many ways - as Obama as shown he likes to put a good spin on things instead of enacting real "change," but we'll see. Give it a year or so and maybe something useful will come of it. 
WKash
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WKash,
User Rank: Author
5/12/2014 | 5:24:14 PM
Re: Opaque Transparency
The DOD still can't produce an auditable set of financials, so it's anyone's guess what it will and won't produce. 
Thomas Claburn
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Thomas Claburn,
User Rank: Author
5/12/2014 | 3:41:13 PM
Opaque Transparency
>The updated version of the bill also limits the reporting of sensitive information that is protected from Freedom of Information Act requests. Another layer of protection from public scrutiny. What this simply means in plain English is business as usual at the DoD.

I fully expect every interesting data point to be redacted.
WKash
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WKash,
User Rank: Author
5/12/2014 | 3:37:06 PM
Re: Sounds Like XBRL For Federal Govt
Thanks, Doug, for clarifying the point about XBRL as a model, not necessarily the standard govt. might use. 
D. Henschen
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D. Henschen,
User Rank: Author
5/12/2014 | 2:22:08 PM
Re: Sounds Like XBRL For Federal Govt
I was suggesting something XBRL like, but not necessarily XBRL. That's for X"BusinessReporting"L, but government will demand its own format since it's not about profit and loss.
WKash
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WKash,
User Rank: Author
5/12/2014 | 2:08:27 PM
Re: Sounds Like XBRL For Federal Govt
Doug, I agree, XBRL would be a smart way to go.  The challenge, as one Treasury commissioner told me this week, is that agencies have been machine/system centric, not data centric.  The DATA Act forces them:

1. To follow the lead of OMB and Treasury in reporting financial data;

2. Begin working toward agreed-upon financial reporting data standards;

3. Be responsive to collaborative input, from users in and outside of govt.

The challenge remains: Agencies have received no funding to accomplish this mandate. That means much of the executiion awaits system upgrades.  But enforcing a default mindset to make data transparent is an important start.

 
asksqn
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asksqn,
User Rank: Ninja
5/12/2014 | 1:20:00 PM
Meanwhile at the Dod
The DATA Act seems like it will shed light on where the money goes except that the Defense Department was given the option to extend implementation of the bill's requirements to enable better protection of data from damaging disclosure AKA public scrutiny. The updated version of the bill also limits the reporting of sensitive information that is protected from Freedom of Information Act requests. Another layer of protection from public scrutiny. What this simply means in plain English is business as usual at the DoD.
D. Henschen
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D. Henschen,
User Rank: Author
5/12/2014 | 1:03:47 PM
Sounds Like XBRL For Federal Govt
Global stock exchanges have embraced XBRL as a standardized format, and they're requiring public companies to report in this format so financial analysts and investors can quickly make sense of results. This sounds like a governmenal version of this standardized reporting approach, which is friendly to pre-defined, machine-to-machine financial analysis. Bottom line: we can look forward to faster turn-around on budget analyses, but I'm guessing it won't bring an end to the twisting of numbers that partisan party politics bring to their respective analyses.
David F. Carr
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David F. Carr,
User Rank: Author
5/12/2014 | 12:50:29 PM
How long for feds to follow through on Open Data policy?
How long should we expect this to take to implement? Will it be months or years before they settle on the standard format for publishing government spending data, or should we expect to see results relatively quickly? I'd think they ought to be able to adapt XML formats used for financial reporting in the private sector - am I wrong?
RobPreston
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RobPreston,
User Rank: Author
5/12/2014 | 12:25:48 PM
Open Federal Spending Data
Here's hoping the fields for the federal spending data accommodate more than 14 digits, lest the program run into a Year-2000-like problem in the not-too-distant future.


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