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Wednesday, March 27, 2013

Federal reports show government hides spending&debt (e.g. $6.5 trillion in pension liabilities not in national debt).


  A new page was added to the site: Federal reports show government hides spending&debt e.g. $6.5 trillion in pension liabilities aren't included in the official national debt (without even addressing the issue of unfunded liabilities) 15-20% of spending is left off almost  all  budget figures and has been for decades despite objections from  US Comptroller Generals. Most economic data which includes figures for   "total government spending" leave off large amounts of government spending which they hide in their "business categories".  See the web page for more. 


Stay tuned. A few pages on more important issues will be posted within the next few days. A minor update was made to the about page noting why tips would be useful. 

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