The Senate has passed unanimously Sen. Tom Coburn’s (R., Okla.) amendment requiring greater transparency in reporting unfunded spending. From Coburn’s web site:

On February 12, 2010, President Obama signed into law the Statutory Pay-As-You-Go Act of 2010. The basic principle of PAYGO is any new spending or tax relief should be offset with equal reductions in spending or increases in taxes in order to not increase the deficit. In less than two weeks, the Senate has spent $22 billion, which was not paid for, violating the spirit of PAYGO.
This amendment would expose PAYGO gimmicks and encourage transparency and accountability in Senate spending by requiring the Secretary of the Senate to post on its website the following:
–The total amount of spending, both discretionary and mandatory, passed by the Senate that has not been paid for;
–The total amount of spending authorized in legislation passed by the Senate, as scored by CBO; and
–The number of new government programs created in legislation passed by the Senate.

More info here.

UPDATE: Senator Coburn is not optimistic about the amendment’s ultimate fate. From an e-mailed statement:

“Since the Senate passed PAYGO legislation three weeks ago, the Senate has passed nearly $120 billion in new spending that violates PAYGO. Today, minutes after the Senate accepted my amendment to post its violations of PAYGO online, Senators signaled their intent to remove this amendment from the bill before it goes to the President. Taxpayers are tired of this cat and mouse game on spending and will hold Senators accountable if they want to be for transparency in words but not action,” Dr. Coburn said.