The Federal Project

October 16, 2017

Our Federal Project explores various aspects of government financial reporting. Below are themes we have covered divided by year. 


Defense Department Accounting Advisory Council

A poor man's transcription of Senate hearing on DoD audit and reform issues

Our federal government’s finances deteriorated further last year

Who's watching the henhouse?

POOF! Instant analysis of the new Financial Report of the U.S. Government

Does our national debt threaten our national security, or vice versa?

How seriously is the DoD taking its accounting and auditing challenges?

An open letter to Donald Trump and Steven Mnuchin

Are Federal Reserve Banks too big to fail?

The Pentagon's "first-ever" audit?


Accounting for the military-industrial complex

Cliffhanging at Social Security's new website

Robbing the cradle, to secure "social security"

Two terrifying reports from the GAO yesterday

The latest financial report of the U.S. Government -- a strong report?

Going out with a bang

DOD’s uncertain progress on “audit readiness”

378 billion reasons why they make pencils with erasers

The State of the Union – what about the Union’s finances?

How well does our government account for the value of our money?

Maybe M3 wasn’t meaningless

One thousand six hundred and sixty five pages of instructions for spending your money

Accounting for money – and choosing not to

The government says it controls a future it says we control

The federal debt limit: another government accounting falsehood

What is the federal government’s obligation under its debt limit?

Social Security: a fraud, a Ponzi scheme, or both?

Discount rates for government pensions – and Social Security

Welcome to your government’s financial future, children

Laws and government obligations – picking and choosing strategically

Accounting for the economy – and the cost of government

Lots of assumptions, for something called Social Security

Social Security – discretionary mandatory spending?

What is DC doing to its debt ceiling?

Is Warren Buffet right about Social Security?


The State of the Union

Obama's sixth missed budget deadline

Off to a bad start 

How much do you know about Tax Day? 

Puerto Rico’s financial crisis – we’ve heard this story before

Can you answer these questions about our country's independence?

For taxpayers’ sake, make DOD pass an audit

Student loan debt

Financial state of the states

What crises will our next President face?


The federal government doesn't follow the same rules as we do

The Financial State of the Union, January 2015


Lessons from Greece for the United States

Federal government flunks financial audit 

Federal government credit card statement

The American Revolution


Social Security 

Does the debt ceiling really matter? 

Presidential candidates and their financial half-truths

Top 10 most outrageous financial happenings of 2015

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