Congressman William Timmons announced on Apr. 29 that two of his bills aimed at increasing oversight of federal spending advanced unanimously through the House Committee on Oversight and Accountability. The Timely and Accurate Benefits Act (H.R. 1755) and the Taxpayer Funds Oversight and Accountability Act (H.R. 8340) are now set for consideration by the full House.
The advancement of these bills is significant as they target waste, fraud, and abuse in government programs, issues that cost taxpayers billions each year. Timmons said, “Washington has a spending problem and an accountability problem. These bills take direct aim at both by making sure taxpayer dollars are tracked, verified, and spent the way Congress intended, so that we can restore trust and deliver results for the American people.”
The Timely and Accurate Benefits Act requires states to use modern verification tools such as the U.S. Treasury’s Do Not Pay system before distributing federally funded benefits. It also updates income calculations to reflect current work patterns like gig work or rental income, requiring states to address gaps in their eligibility systems. According to Timmons’ office, Medicaid saw $37.4 billion in improper payments in fiscal year 2025.
The Taxpayer Funds Oversight and Accountability Act is bipartisan legislation co-led by Congressman Timmons and Congressman Min from California. It updates federal financial management standards for the first time in over thirty years by strengthening agency Chief Financial Officers’ responsibilities regarding internal controls, financial systems, risk management, connecting spending decisions with measurable outcomes, establishing a four-year governmentwide plan with clear metrics, and mandating public progress reports.
Timmons said about both measures: “We are putting accountability where it belongs and giving states the tools they need to verify eligibility and prevent waste. Every dollar misspent is a dollar taken from taxpayers and from those who truly need these programs.” The National Taxpayers Union supports these efforts stating: “This bill fills an implementation gap in federal benefit programs that rely on state or local governments to administer, and should save millions in taxpayer dollars,” adding that together they could “help stop fraud before it actually occurs” potentially saving billions over time.
Timmons represents South Carolina’s Upstate region according to his official website. He entered Congress in 2019 after serving in the state senate according to his official website. He serves on both the Financial Services Committee as well as the House Oversight Committee according to his official website, chairs its Military & Foreign Affairs Subcommittee according to his official website, advocates for reform & accountability according to his official website, and is affiliated with South Carolina Air National Guard as a JAG Officer & Captain according to his official website.
Both bills will continue through legislative steps as part of ongoing efforts among House Republicans seeking greater oversight across government.
