US Published National Debt
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The Truth
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Each Taxpayer's Share: 912,000
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.
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 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.
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.
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.
Vermont earns big jump in financial transparency score
December 3, 2021
True North Reports (Vermont)
By Kim Jarrett (The Center Square), includes “Vermont is one of only 22 states that scored above 80 on a scale of 100 in Truth in Accounting’s (TIA) latest report on financial transparency. … Vermont received a score of 56 last year from TIA. Only 25 out of 50 points were received in the auditor’s opinion category in 2020. ”
Pennsylvania middle of the road for financial transparency
December 2, 2021
The Progress (Pennsylvania)
By Victor Skinner (The Center Square), includes “Truth in Accounting CEO Sheila Weinberg told The Center Square that Pennsylvania lost points for using prior year pension numbers, a combined $18 billion in assets and liabilities in confusing ‘deferred inflows and outflows’ accounts, and the way officials report liabilities for the Public School Employees’ Retirement System.”
Reason Foundation Vermont explores pension and OPEB reform
November 30, 2021
Reason Foundation
By Marc Joffe, includes “The Pension Benefits, Design, and Funding Task Force created by the Vermont General Assembly is expected to release its findings in December. … Truth in Accounting recently ranked Vermont 43rd of the 50 states based on its measure of ‘Taxpayer Surplus or Burden’ with a per capita burden of $24,000. ”
Illinois effort to fix ailing local pensions faces legal hurdle
December 3, 2021
Bloomberg
By Shruti Singh, includes “… A 2019 law championed by Pritzker would merge about 650 local police and firefighter pensions with assets topping $16 billion into two funds to cut costs and improve returns. … The law set a June 30 deadline for the consolidation of the funds, but many of the local pensions are hesitating or even refusing to merge until they learn the outcome of litigation to block the combining. ”
Congress passes 10-week stopgap spending bill, narrowly avoiding shutdown
December 3, 2021
Government Executive
By Eric Katz, includes “The House and Senate on Thursday approved a stopgap spending bill, sending to President Biden’s desk a measure to delay a government shutdown until at least mid-February. The 10-week continuing resolution passed over significant Republican opposition in both chambers and a last-minute push by some conservative senators to block funding for President Biden’s COVID-19 vaccine mandates. ”
The Bank of Canada’s failed mission to ‘preserve the value of money’
December 1, 2021
Mises Institute
By Lee Friday, includes “… Preserve means to maintain something in its original state, and the only way to preserve the value of money is to keep inflation at 0 percent, not low and stable, as the BOC illogically claims. … ”
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