US Published National Debt
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The Truth
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Each Taxpayer's Share: $919,000
Financial State of the Cities 2022
Truth in Accounting has released its sixth annual Financial State of the Cities report.
Financial State of the Union 2022
Our Financial State of the Union report found that the financial condition of the U.S. government worsened by more than $10 trillion in 2021.
Financial State of the States 2021
Truth in Accounting's twelfth annual Financial State of the States report, a nationwide analysis of the most recent state government financial information.
Data-Z (formerly State Data Lab)
Create your own chart with more than 700 data variables, including demographic, economic and financial at the federal, state, and city level.
Illinois' credit upgraded, but still among worst
May 10, 2022
92.7 WMAY | Springfield's News & Talk
"Bishop On Air talks with Truth in Accounting's Sheila Weinberg about what the credit rating upgrades means for taxpayers."
Guest Commentary | Accounting for thee but not for me
May 10, 2022
News Gazette
"Do readers know there are two sets of accounting rules?
One for governments and one for the rest of us?
That hardly seems fair. We need to fight this nonsense, because it makes it impossible for Illinois taxpayers to hold elected officials accountable for the huge debt they create."
Editorial: Hickory Hollow purchase a rushed, bad deal
April 26, 2022
Main Street Nashville Editorial Board
"Faced with political pressure from Mayor John Cooper and few financial details, Nashville’s Metro Council last week nonetheless approved a $44 million purchase of two properties at the abandoned Hickory Hollow Mall in Antioch.
Cooper pitched the deal as a win-win for the southeast community – an area of town hit hardest by the COVID-19 pandemic and the city’s years-long trash debacle – promising Vanderbilt University Medical Center would open a mall-to-medicine concept facility there."
Cook County can't use $250M transportation taxes, fees, to fund county operations: IL Supreme Court
May 10, 2022
Cook County Record
"Cook County and other local governments in Illinois must use local transportation-related taxes on actual transportation projects, and not regular government operations, the Illinois Supreme Court has ruled, rejecting the county’s arguments that it is exempted from Illinois’ so-called transportation lockbox constitutional amendment."
The political case for forgiving student loan debt
May 3, 2022
The Washington Post
How many recessions you’ve actually lived through and what happened in every one
April 19, 2022
CNBC
"With the U.S. economy on the verge of another significant recession as a result of the global coronavirus pandemic, social media users of all ages are going online to argue about which generation has suffered more at the hand of past economic downturns."
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