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.
Pentagon purse strings: When you wish upon a DoD budget
June 14, 2021
R Street
Announcement of upcoming (June 24 webinar), includes “Join Bloomberg’s Romesh Ratnesar and representatives from all four of the organizations mentioned above for a robust discussion about the Fiscal Year 2022 wish lists, the history of this budgeting practice and what lawmakers can do to change the practice in the months ahead.”
Maxing out America’s credit card
June 11, 2021
Creston News Advertiser (Iowa)
Op-ed by former TIA intern Jason O’Day, includes “A recent Babylon Bee satire headline read, ‘Republicans Counter $6 Trillion Budget Proposal With Fiscally Responsible $5.9 Trillion Budget Proposal.’ … An old joke around Washington is that the party out of power is the only one that cares about the national debt, unfortunately Democrats aren’t even pretending anymore. ... Playing fast and loose with taxpayer and borrowed money is false compassion. …”
Not everyone buying Pritzker’s balanced-budget claim
June 10, 2021
The News-Gazette (Illinois)
By Jim Dey, includes “… ‘While Governor Pritzker is publicly claiming that the budget is balanced and fully funds the pensions, he cannot make this claim in the state’s bond offerings,’ said Sheila Weinberg, chief executive officer of the financial watchdog group Truth in Accounting. ‘The SEC considers such statements fraud and charged Illinois with securities fraud in 2013 for misleading investors,’ she said.”
Proposed budget FY 2021-22
June 14, 2021
City of Independence, Missouri
Includes “To balance this budget as required by the Missouri State Constitution, a total of $4,172,000 in one-time revenues from the federal American Recovery Plan are contemplated for use in the General Fund. … To be direct, this budget is making use of one-time revenues to bridge a continued structural imbalance in the General Fund and to accurately budget for the Stay Well fund, the newly re-established Health Department, and continued operation of the intra- and inter-city transit system.”
Biden’s infrastructure plan confuses costs for benefits
June 14, 2021
Reason
By Christian Britschgi, includes “… For Biden, the actual impact of new roads and rail lines on commute times and shipping costs is less important than the gargantuan price. That attitude suggests Biden's plan will buy a lot less infrastructure than it would if he prioritized efficiency. Consistent with that prediction, Biden is not satisfied with creating jobs; he wants to create union jobs. …”
Montenegro has no plans to sell state property to ease debt -- report
June 14, 2021
Reuters
Includes “Montenegro has denied it has plans to sell state property to ease its debt burden, a local newspaper said on Sunday, after a Reuters report quoted senior officials as saying the tiny Balkan country was preparing the way for asset sales. … In 2014, Montenegro, with a population of 628,000 people, borrowed $944 million from China to fund a stretch of a highway to the border with its neighbour Serbia.”
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