US Published National Debt
$
The Truth
$
Each Taxpayer's Share: 906,000
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.
’Holding your government accountable’ with Rep. Fiorello and Truth in Accounting CEO Sheila Weinberg
October 22, 2021
YouTube
One-hour video analysis of Connecticut state government finances and the state’s performance in our latest Financial State of the States report.
SC has nation’s best financial report publication time
October 21, 2021
The Newberry Observer (South Carolina)
Includes “… The state’s 136-day publication window for its 2020 comprehensive annual financial report is the nation’s best – and nearly 11 weeks better than the national average. The group Truth in Accounting released the annual ranking last week.” (Note: Here is our chart showing the timeliness of 2020 financial reports for all 50 states. California does not appear on the chart, …)
Truth in Accounting highlights uncomfortable truths about Kansas pensions
October 20, 2021
Kansas Policy Institute
By Ganon Evans, includes “… The COVID-19 pandemic is a perfect example of how an uncertain future could derail healthy pension payments. Methods to prepare for these uncertainties in future pension plans include stress testing at the state level and cost-sharing plans between employers and employees.”
Issuing financial statements faster
October 22, 2021
Government Finance Review
By Todd Buikema, includes “To identify standouts for timely reporting, GFOA reviewed submission times for award-winning ACFRs for the fiscal years ended 2018 to 2020. For that timeframe, we received an average of 13 ACFRs within a period of 100 days or fewer—that’s 0.3 percent. GFOA reached out to officials at three governments that did so for all three of the fiscal years …”
America, don’t panic over rising prices
October 22, 2021
The Chicago Tribune
Editorial, includes “… The Fed surely won’t make that mistake again, and its battalion of economists, who have a better track record of forecasting inflation than anyone else, predict the overall rate of price increases will be back under 2% next year. … Meantime, beware of politicians using inflation as an excuse to advance their agendas. America should not base long-term policy on what could be a transitory economic phenomenon.”
EU starts debate on budget rules amid high debt, investment needs
October 20, 2021
Reuters
By Jan Strupczewski, includes “The European Commission opened a debate on Tuesday on how to reform the European Union's fiscal rules to deal with a pandemic-induced surge in public debt and with the huge investment needed to fight climate change.”
Get this in your e-mail. Subscribe below.
