The main purpose of this legislation is to formally establish and enforce the principles outlined in Executive Order 14249, which focuses on safeguarding taxpayer money from fraud, waste, and abuse. The goal is to ensure that government funds are used efficiently and responsibly, protecting the financial interests of American taxpayers. Key provisions of this legislation include the codification of Executive Order 14249, which means that the guidelines and measures set forth in the order will now have the full authority of law.