Truth in Accounting actually had to recalibrate the debt clock on its website to spin faster. 

Truth in Accounting … About Youtuber … To educate and empower citizens with understandable, reliable, and transparent government financial information.

My good government reform colleagues at Truth in Accounting, a small Chicago-based non-profit, point to another little-known factor that deserves consideration and remediation

Watch a recording of Truth in Accounting's virtual event about the lessons in governmental accounting from New Zealand, with our experts, including Professor Ian Ball of Victoria University in New Zealand.

Despite not having an individual income tax, few states are in better position financially than our neighbors to the north, Tennessee. They also happen to have one of the strongest economies in the nation and, as a result, are a magnet for new residents looking for higher paying jobs and new opportunities.

The Los Angeles area comprises the Hollywood movie studios, Beverly Hills, Muscle Beach, and a previously booming economy that trailed only New York City and Tokyo. 

The United States Senate this week approved Senate Budget Committee Chairman Mike Enzi (R-WY) and Senator Mark Warner’s (D-VA) legislation, the CFO Vision Act of 2020, S. 3287, to strengthen federal financial management. The bipartisan bill would update the Chief Financial Officers (CFO) Act of 1990. That law established a financial management leadership structure, provided for long-range planning, and required audited financial statements.  

Governments always tell us they have ‘balanced the books’, especially in the run up to elections.

While House Speaker Michael Madigan announced an “advisory group” to review Gov. J.B. Pritzker’s proposed cuts, public finance watchdogs said what’s been revealed so far won't balance the budget.

Illinois ranks as one of the least financially-transparent states in the nation.