Institute for Truth in Accounting

Mayors say big cities are driving US resurgence
3/7/2014
Cities say they are driving the US economy despite being abandoned by DC

Experts call for actuarial changes to stem underfunding of public pension systems
3/6/2014
Inappropriate actuarial assumptions are partially to blame for largely underfunded pension systems. Here are the experts' recommendations for change.

Moody's Downgrades Chicago Credit Rating (Again)
3/5/2014
Moody's changes rating for Chicago From A3 to Baa1

'Zombie' pensions: When accounting practices hide the truth from taxpayers
3/6/2014
As governments are tempted to take higher risks with their retirement funds and other assets, there are alarming parallels to the savings and loan crisis.

Connecticut Republicans spin Gov Malloy’s embrace of President Obama
3/5/2014
Connecticut is in the worst financial position out of all states, and some taxpayers are pointing their fingers at their governor.

Chicago not poised to go the way of Detroit -S&P
3/3/2014
Both cities have racked up immense debts, but according to Standard & Poor's, Chicago is better off than Detroit.

Join Our Newsletter
Help us bring the truth about the nation’s debt to life. Sign up today for updates and more information.