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A Modest Proposal: Truth In Government Liabilities

Friday, August 30, 2013 - 6:59 PM
Today Scott Burns is lending his support to something called The Inform
Act; he describes its' goal to be

    “A realistic accounting for the unfunded commitments our government
     has made.”

He sees the need arising from

    “Our government, the largest organization on earth, accounts for
     itself as though it was a lemonade stand that just happens to
     spend $3.7 trillion a year.”

The act already has heavyweight support (Nobel Laureates in Economics,
former government officials, et? al?) but I kind of thought several DA
members having expressed interest in our government becoming more
fiscally realistic might find this of interest?

Read more:

Businessweek references this as “A Truly Smart Idea Republicans and
Democrats Actually Agree On
4
cumuluscumulus339 posts since
Jan 16, 2010
Rep Points: 1,592
1. Friday, August 30, 2013 - 7:31 PM
The budget cuts were cut off today when they all decided they could not agree on anything. 
3
Ally6770Ally6770914 posts since
Jan 16, 2010
Rep Points: 2,662
2. Friday, August 30, 2013 - 7:56 PM
God forbid they actually agree on anything!
4
cumuluscumulus339 posts since
Jan 16, 2010
Rep Points: 1,592
3. Sunday, September 1, 2013 - 10:01 AM
I believe it depends on who is in office what their opinion is. I remember a vice-president in the 80's and his president telling us when they were in office when the deficit tripled that deficits didn't matter. 
3
Ally6770Ally6770914 posts since
Jan 16, 2010
Rep Points: 2,662
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