Episodes
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Set against the backdrop of Truth in Accounting's 2024 Financial State of the Union report, this educational conversation aims to examine the fiscal condition of our Federal government with our distinguished guest, David M. Walker, former Comptroller General of the United States and CEO of the U.S. Government Accountability Office (GAO) for almost ten years.
Mr. Walker is a nationally and internationally recognized fiscal responsibility, government transformation/accountability, human capital, and retirement security expert. He has 40 years of executive-level experience in the public, private, and non-profit sectors, including heading three federal agencies, two non-profits, and a global service line for Arthur Andersen LLP.
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In this episode, we talk with Christine Kuglin, Director of the Truth in Accounting project at the University of Denver, about the important and impactful work she is doing besides the three flagship reports produced by the organization. This conversation will illuminate TIA's impact inside the scope of government accounting and why our presence needs to persist in this space to promote a more transparent and accountable government.
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Episodes manquant?
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In this episode, Truth in Accounting discusses the federal bailout for cities with Liz Farmer, a fiscal policy expert and journalist. Moderated by Sheila Weinberg, CEO and Founder of TIA._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Liz Farmer is a fiscal policy expert and journalist, writing for a national audience about the many ways state and local governments spend our taxpayer money. Her areas of expertise include budgets, fiscal distress, tax policy and pensions. She is a regular contributor to Forbes and Route Fifty, and has also been published in the Wall Street Journal, Bloomberg, Chicago Tribune, and other top publications. She is also deeply interested in remote work and is a research fellow at the Rockefeller Institute of Governmentâs Future of Work Research Center. In addition to writing, Lizâs insight and expertise is a valuable asset in her consulting work with Former GOVERNING publisher and Kansas City Mayor Mark Funkhouser at his firm Funkhouser & Associates. Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.
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In this episode, Truth in Accounting discusses transparency and accountability in government finances with Adam Andrzejewski, CEO and founder of Open the Books, and Sheila Weinberg, CEO and Founder of TIA. Moderated by former Director of Research, Bill Bergman._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Adam Andrzejewski is the CEO/Founder of OpenTheBooks.com. Mission: âEvery Dime, Online, In Real Time.â Last year we filed 40,000 FOIA requests and captured $6 trillion in government spending (2020). Harvard Law and the Columbia School of Journalism hosted my presentations on big data and forensic auditing. Work featured at The BBC, Good Morning America; ABC World News Tonight; USA Today; The Wall Street Journal; and The New York Times. My presentation to the Hillsdale College National Leadership seminar posted on YouTube has nearly 3 million views. Our 186 investigations published at Forbes have nearly 15 million views. Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.Bill Bergman served as Truth in Accounting's Director of Research. He led question formation, idea development, and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He hasovern 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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Watch a recording of Truth in Accounting's virtual event discussing Congress' debt limit and social security. With Chuck Chokel, TIA Board Member and former Co-CEO of Progressive Corp., and Sheila Weinberg, CEO and Founder of TIA, we also discuss the newly released Financial State of The Union 2021. Moderated by our Director of Research, Bill Bergman._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Chuck Chokel, former Co-CEO, Progressive Corp. For over 30 years Chuck Chokel has worked in the insurance industry. Mr. Chokel served as a senior partner at the White Mountain Insurance Group, taking on roles as Chief Claims Officer and Co-CEO at One Beacon, and Chief Financial Officer for White Mountains Reinsurance Group. Prior to that, Mr. Chokel served as Chief Financial Officer and member of the Board of Directors at Conseco Financial. Mr. Chokel spent much of his career at Progressive Corp., rounding out his tenure there as Co-CEO, Chief Investment and Capital Officer while serving on the board of directors. Additionally, Mr. Chokel has served on the board of directors of Esurance and Plymouth Rock Holding Co.Mr. Chokel received a B.A. from Williams College, and an M.B.A. from the University of Chicago. He has completed over 250 triathlons including thirty-six half ironman distance events and eleven full ironman distance events. He is a two time Hawaii Ironman finisher. Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.Bill Bergman served as Truth in Accounting's Director of Research. He led question formation, idea development, and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He has over 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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Truth in Accounting hosts special guest John Kass, a Chicago columnist, and The Chicago Way podcast host, to discuss Chicago's financial condition in conjunction with the newly-released Financial State of Chicago 2020._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------John Kass is a Chicago columnist and the host of The Chicago Way podcast. In 2004, Kass was awarded the Society of Professional Journalists' Sigma Delta Chi national award for general column writing, the Scripps Howard Foundation's National Journalism Award for commentary, the Press Club of Atlantic City's National Headliner Award for local interest column writing on a variety of subjects, and the Chicago Headline Club's Lisagor Award for best daily newspaper columnist. In 1992, Kass won the Chicago Tribune's Beck Award for writing.Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.Bill Bergman served as Truth in Accounting's Director of Research. He led question formation, idea development, and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He has over 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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Truth in Accounting hosts special guest Steve Malanga, senior editor at City Journal. In this episode, we discuss the financial troubles of America's largest cities and the effects of Biden's infrastructure plan._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Steven Malanga is the George M. Yeager Fellow at the Manhattan Institute and City Journalâs senior editor. He writes about the intersection of urban economies, business communities, and public policy. Malanga is the author of The New New Left: How American Politics Works Today (2005); The Immigration Solution: A Better Plan than Todayâs (2007), coauthored with Heather Mac Donald and Victor Davis Hanson; and Shakedown: The Continuing Conspiracy Against the American Taxpayer (2010). In 2013, former Florida governor Jeb Bush called Malanga âthe best thinker on state and local fiscal mattersâ in a tweet; in a 2014 Manhattan Institute speech, he said that Malangaâs warnings on statesâ coming debt and pension crises had influenced fiscal reforms undertaken in Florida. Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.Bill Bergman served as Truth in Accounting's Director of Research. He led question formation, idea developmen,t and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He hasovern 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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Truth in Accounting discusses city finances with Patrick Tuohey, co-founder and policy director of the Better Cities Project. Moderated by Sheila Weinberg, CEO and Founder of Truth in Accounting._______________________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Patrick Tuohey is co-founder and policy director of the Better Cities Project.He works with taxpayers, media, and policymakers to foster an understanding of the consequences â sometimes unintended â of policies regarding economic development, taxation, education, and transportation. He previously served as the senior fellow of municipal policy at the Show-Me Institute.Patrickâs essays have been published widely in print and online, including the Kansas City Urban Leagueâs 2015 and 2019 âState of Black Kansas City.â His work has spurred parents and activists to oppose economic development incentive projects where they are not needed and was a contributing factor in the KCPT documentary, âOur Divided Cityâ about crime, urban blight, and public policy in Kansas City. Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare, and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post, and The Wall Street Journal. She has been a guest on local and national television and radio shows and is often engaged to speak on federal and state budget and accounting issues.
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Truth in Accounting talks about the Defense Department's finances with Mandy Smithberger from the Project On Government Oversight (POGO) and former TIA director of research Bill Bergman; we also discuss the newly released Defense Department Audit Report Card 2021. Moderated by Courtney BublĂ©._________________In December 2020, the Defense Department (DoD) issued its latest annual Agency Financial Report. The financial statements in this report were a part of the third consecutive full-scope, department-wide audit. The COVID pandemic posed some special challenges and issues for the latest audit. The process took longer than in the previous year, but when all was said and done, the DoD received another disclaimer (failing) audit opinion on its financial statements. With this report, Truth in Accounting ranks DoD component entities based on their fiscal year (FY) 2020 audit performance. We issue this ranking to identify relative strengths and weaknesses in financial reporting, to track progress over time, and to identify agency leaders who serve as good examples for the department as a wholeRead the full report at:https://www.truthinaccounting.org/news/detail/defense-department-audit-report-card-2021_________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Mandy Smithberger is the director of the Center for Defense Information in December 2014. Previously she was a national security policy adviser to U.S. Rep. Jackie Speier (D-Calif.) There, she worked on passing key provisions of the Military Whistleblower Protection Enhancement Act into law, which expands protections by increasing the level of Inspector General review for complaints, requiring timely action on findings of reprisal, and increasing the time whistleblowers have to report reprisals. Previously an investigator with POGO, she was part of a team that received the Society of Professional Journalists' Sunshine Award for contributions in the area of open governmentBill Bergman serves as Truth in Accounting's Director of Research. He leads question formation, idea development and application of research initiatives. Bill delivers our daily "Morning Call" newsletter every morning to a growing and appreciative audience of influential subscribers. He leads and oversees the development of Truth in Accountingâs databases. Bill also leads our federal projects. Bill has written more than 400 articles at "Bill's Blog." Bill teaches finance courses at Loyola University Chicago. He has more than 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.Courtney Buble is a staff correspondent who covers federal management. Before joining Government Executive, she worked for NBC News. Courtney graduated from The George Washington University in 2018.
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Truth in Accounting discusses bad accounting practices in state and local governments across the United States and how to change them with Kevin Bronner from the University at Albany. _________________Currently, the 50 states are required by law to balance their budgets. However, because governments use cash-based accounting, budgets that appear balanced are anything but balanced.With cash-based accounting, financial reports show expenses only when money is paid, not when debt or future expenses are incurred. This presents a flawed and inaccurate picture of governmentsâ financial condition. Full accrual calculations and techniques (FACT) accounting provides a more holistic view of government finances. Now is the time to advocate for common-sense reforms to government accounting and financial reporting requirements. Truth in Accounting is mobilizing experts, advocacy organizations, watchdog groups, journalists and everyday citizens to demand that state and local governments institute FACT-based accounting. Click this link below to learn more about how you can help make change. https://www.truthinaccounting.org/resources/page/fact-based-accounting_________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Kevin M. Bronner has a long and distinguished career in public service. A professor at the University of Albany since 1997, Dr. Bronner has taught courses in microeconomics, governmental accounting, regulatory administration, public finance, public budgeting, and strategic planning. Dr. Bronner served as a member of the University of Albany Council from 2002 to 2009, and is a member of Omicron Delta Kappa, the University at Albanyâs chapter of the National Leadership Honor Society. He was also inducted into Phi Alpha Kappa, the National Honor Society for Public Affairs and Administration. He was awarded the University at Albanyâs Distinguished Service Award by the Rockefeller College of Public Affairs and Policy in 2009. Dr. Bronner and his family reside in Loudonville, NY.Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Her commentary on the federal budget, Social Security, Medicare and other national issues has appeared repeatedly in numerous publications, including USA Today, the Washington Post and the Wall Street Journal. She has been a guest on local and national television and radio shows, and is often engaged to speak on federal and state budget and accounting issues.Bill Bergman serves as Truth in Accounting's Director of Research. He led question formation, idea development, and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He has over 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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This is a recording of Truth in Accounting's webinar on the lessons in governmental accounting from New Zealand with Professor Ian Ball of Victoria University in New Zealand, CEO and Founder of TIA, Sheila Weinberg and Bill Bergman, former Director of Research at TIA.This special Ask the Experts webinar is part of Truth in Accountingâs effort to reform governmental accounting standards in the United States. Currently, the 50 states are required by law to balance their budgets. But because governments use cash-based accounting, budgets that appear balanced are anything but balanced.With cash-based accounting, financial reports show expenses only when money is paid, not when debt or future expenses are incurred. This presents a flawed and inaccurate picture of governmentsâ financial condition. Full accrual calculations and techniques (FACT) accounting provides a more holistic view of government finances. https://www.truthinaccounting.org/resources/page/fact-based-accounting_________________Subscribe to Truth in Accounting here: https://bit.ly/2uygGER Follow Truth in Accounting: Facebook: https://facebook.com/truthinaccounting X: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting------------Ian Ball is a Professor of Public Financial Management and the first Professor in Practice at Victoria University of Wellington. During his career, Ian has been an academic, a senior public servant, an accounting standard setter, an international consultant on public financial management, and chief executive of an international organization. Other roles Ian currently holds include: Chairman Emeritus of CIPFA International, Chair of the Audit Committee for the financial statements of the New Zealand Government, Principal of Public Sector Performance (NZ) Ltd, advisor on government accounting matters to Japonica Partners and member of the Advisory Group for the Korea Institute of Public Finance. Ian was Chief Executive Officer of the International Federation of Accountants (IFAC) (2002-2013). Earlier, as Chairman of the IFAC Public Sector Committee (now the International Public Sector Accounting Standards Board), he initiated and led the development of International Public Sector Accounting Standards.While with the New Zealand Treasury (1987-1994) Ian was responsible (as Director of Financial Management Policy and Central Financial Controller) for the design of the New Zealand Governmentâs financial management system and the development of the Public Finance Act 1989.Sheila Weinberg is the founder and CEO of Truth in Accounting. Since 2002 Ms. Weinberg has led Truth in Accounting's research initiatives. Because of her expertise in governmental budgeting and accounting, Ms. Weinberg has testified before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. Bill Bergman served as Truth in Accounting's Director of Research. He led question formation, idea development, and application of research initiatives. Bill teaches finance courses at Loyola University Chicago. He has over 30 years of financial market experience, including thirteen years as an economist and policy analyst at the Federal Reserve Bank of Chicago. Bill earned an M.B.A. and an M.A. in public policy from the University of Chicago in 1990.
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Trust in government is at an all-time low. How do we change this? This conversation is between Sheila Weinberg, CEO and Founder with guest expert Illinois Senator Heather Steans.
Subscribe to Truth in Accounting here: https://bit.ly/2uygGER https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting
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The actual national debt is over $160 trillion when including social security and medicare. The debt was quoted as $130 trillion at the time of this recording. Things have gotten worse, and the burden on taxpayers is growing daily. This is a conversation with Sheila Weinberg, CEO and Founder, with special guest Paul B. Kazarian, Founder, Chairman, and CEO at Japonica Partners, and Bill Bergman, Director of Research at Truth in Accounting.
https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting
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It was a unique time in American history during the COVID-19 pandemic. This conversation delves into the federal government's response. Sheila Weinberg, founder and CEO, speaks with special guest Jonathan Bydlak, Director of Fiscal and Budget Policy Project at R Street, and Adam Schuster, Budget and Tax Research Director at Illinois Policy Institute
https://www.truthinaccounting.org Follow Truth in Accounting here: Facebook: https://facebook.com/truthinaccounting Twitter: https://twitter.com/truthinacctInstagram: https://instagram.com/truthinacctLinkedIn: https://www.linkedin.com/company/truth-in-accounting
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Truth in Accounting Board Member Chuck Chokel breaks down the most alarming findings in the 2022 Treasury Department's Annual Financial Report. Arguably this is the most critical report on the fiscal condition of our federal government and is the crucial document in holding the government accountable for its spending.
www.truthinaccounting.org
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Sheila Weinberg (TIA), Marc Joffee (Cato Institute), and Professor Jacob Soll (USC) explore the connection between good accounting practices and our nation's financial stability. It is a compelling revelation of the misleading financial information given to citizens and a referendum on the need for community involvement to change the accounting standards to match those of the private sector. It is neither a left nor right issue, only an issue of transparency and accountability.Professor Jacob Soll said it best, "Let's just say we can argue about debt, but my god, we can't argue about managing debt badly."
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A robust discussion on Truth in Accounting's 2023 report on the Financial State of States with Sheila Weinberg, Founder of TIA, Utah State Auditor John Dougall, and Independence Institute President Jon Caldara. We untangle the numbers from politics and show how the accounting practice of leaving retirement liabilities off balance sheets adversely affects many states. What does this mean for the future?
Financial State of the State Report
www.truthinaccounting.org
