News

Financial Report of the U.S. Government shows bleak picture

March 3, 2015

Includes “Every year, the Treasury Department releases the Financial Report of the United States Government, which provides a detailed picture of the government's finances over the next 75 years. This year's report, released last week, shows a similar outlook as previous years; we are on an unsustainable fiscal path.”

Note:  The GAO issued a disclaimer of opinion on this report, as it has for the past 17 years.  The report may have been ‘released’ last week, but it has yet to show up at the Treasury Department website where it is normally hosted, and four phone calls to that division yesterday morning went unanswered, with no automated message.

Read the full article on: Committee for a Responsible Federal Budget

 
 
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