US Published National Debt
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The Truth
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Each Taxpayer's Share: $772,000
NEW Financial State of Chicago
New report on the Financial State of Chicago finds that the city's financial condition worsened by $2 billion compared to the previous year.
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.
City Combined Taxpayer Burden Report 2019
Truth in Accounting's new analysis of the 10 largest U.S. cities that includes their underlying government units.
Financial State of the Union
Read our newest report on the Financial State of the Union, which found that the financial condition of the U.S. government worsened by $4.5 trillion in 2018.
State Data Lab
Compare all 50 states and the 75 most populous cities using more than 300 unique data variables.
Illinois’ audited financials for fiscal year 2018 still not published
July 12, 2019
The Center Square
Illinois taxpayers still don’t know how the state spent their money in a budget that ended more than a year ago.
Truth in Accounting awards Chicago 'F' grade
July 12, 2019
American Thinker
The nonpartisan ‘Truth in Accounting’ think-tank awarded the city of Chicago a transparency “F” grade for failing to disclose that each resident now owes $38,100.
Accounting watchdog gives Chicago failing grade for finances
July 12, 2019
The Center Square
A financial watchdog gave the city of Chicago a failing grade for its finances in a report that highlights the city's growing debt load.
Analyst sees ‘moral hazards’ in GASB pension accounting standards
July 12, 2019
PlanSponsor
In addition to promoting inaccurate pension heath assessments, a new academic paper argues, pension accounting rules set by the Governmental Accounting Standards Board create “a degree of moral hazard for stakeholders.”
As U.S. debt, deficits mount, presidential candidates sweep them under the rug
July 12, 2019
Reuters
The reality is that Democrats are reluctant to make a campaign issue out of one of America's most vexing problems -- the ballooning annual budget deficits and overall debt under President Donald Trump.
Asleep at the wheel: The Prudential Regulation Authority and the Equity Release sector
July 12, 2019
The Adam Smith Institute (UK)
Professor of finance and economics at the University of Durham, Kevin Dowd, takes a critical look at the Equity Release Mortgage sector and finds something really quite worrying.
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