US Published National Debt
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The Truth
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Each Taxpayer's Share: $855,000
Financial State of the Union 2021
Our Financial State of the Union report found that the financial condition of the U.S. government worsened by nearly $10 trillion in 2020.
Bill's Blog
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.
Financial State of the Cities 2021
Our fifth annual Financial State of the Cities report. This analysis surveys the fiscal health of the 75 most populated US cities prior to the coronavirus pandemic.
Financial State of the States 2020
Our eleventh annual Financial State of the States report. This analysis surveys the fiscal health of the 50 states prior to the coronavirus pandemic.
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 is tardy with fiscal year 2020 financial report
May 6, 2021
Across Illinois (Patch)
By Truth in Accounting, includes “Timely information is crucial during government decision processes like budgeting. However, most states issue their Comprehensive Annual Financial Reports (CAFR) long after their fiscal year's end. Several states have still not issued their 2020 annual financial reports even though their fiscal years ended more than 300 days ago.”
Interview: Fort Worth Councilmember Cary Moon
May 5, 2021
Texas Scorecard
By Robert Montoya, includes “Q. Truth in Accounting found Fort Worth to be a sinkhole city, meaning it would need $9,400 more per taxpayer to pay all of its debts. They found most of the problems stem from growing unfunded retirement obligations. ”
Illinois to record $1 billion marijuana sales by year-end, surpassing liquor
May 4, 2021
Newsweek
By Benjamin Fearnow, includes “… The government finance watchdog group Truth in Accounting gave the city of Chicago's government an ‘F’ for its financial health rating in a February report card.”
States have billions of dollars from the American Rescue Plan. Now they have to spend it
May 7, 2021
NorthJersey.com
By Stacey Barchenger (USA Today), includes “The American Rescue Plan, approved in March by Congress and President Joe Biden, is pouring an unprecedented $195 billion directly into states' coffers, a windfall to help them recover after COVID-19 shuttered businesses and stalled most of their state economies for months.”
Fed’s miscalculation of inflation could be very costly next year
May 7, 2021
KMJ Now News Talk Radio (New Jersey)
Text by Michael Busler includes “… The inflation today is really caused by more than just a pent-up demand and supply chain disruptions. The reasons we have inflation are 1) rising energy prices, 2) a rapid growth in the money supply, 3) huge government budget deficits, and 4) a potential capital shortage.”
Rainy day fund, simply a diversion
May 3, 2021
O Canada.com
By Graham Lane, includes “… It is using an old government ’accounting game’, it’s so-called ‘rainy day fund’, via something called the Manitoba Bridge Grant program."
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