What’s really going on with America’s finances? In this powerful new video, Truth in Accounting board member and former co-CEO of Progressive Insurance, Chuck Chokel, breaks down the latest Financial Report of the U.S. Government in plain language—no accounting degree required.
Discover the real numbers behind the headlines:
$1.83 trillion budget deficit for 2024
$2.425 trillion net operating cost
$45.5 trillion in total liabilities
$78.3 trillion shortfall in Social Security and Medicare
And a shocking $207 trillion in total unfunded obligations
Chuck reveals what these numbers mean for taxpayers, why they matter, and how the lack of transparency is putting the nation’s financial future at risk.
Watch now to understand the true state of our government’s finances—and why accountability starts with accurate accounting.