The Sooner State is almost $7 billion in debt—and it needs to fix the problem sooner rather than later. Read more.
US Published National Debt
Each year Truth in Accounting issues a report of the financial condition of each of the 50 states. Click here for our latest 2014 data to see how your state is doing.
Bill Bergman serves as TIA's Director of Research. He is responsible for managing TIA's federal project and State Data Lab's data base. Bergman spent 13 years as an economist and policy analyst at the Federal Reserve Bank of Chicago.
Our Federal Project explores various aspects of government financial reporting, and will examine a different theme each month for the next year.
Each year the Truth in Accounting staff collects data from every state's Comprehensive Annual Financial Report.
What your local government is hiding: the lack of transparency in pension debt reporting in Denver area local governments
July 31, 2015
“'Instead of making difficult choices, the legislators are trying to kick the can further down the road,' said Shelia A. Weinberg..."
July 27, 2015
“… Inaccurate financial reporting of Medicare's cost is detrimental to the program's survival."
July 24, 2015
"As Americans for Prosperity has pointed out before, the State of New Jersey is mortgaging off our children and grandchildren with future debt. The Truth in Accounting report makes this that much clearer..."
August 4, 2015
“Ironically, higher Wall Street money-management fees lead to lower returns..."
August 4, 2015
“… In this report, the Maryland Public Policy Institute updates calculations completed two years ago for the fiscal year ending June 30, 2012."
August 3, 2015
“Asking outside auditors to vouch for the accuracy of a bank's key measure of health could help restore investor trust in the sector, a London-based accounting body said on Wednesday."
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