Someone to Mind the Store
Imagine an organization with an annual cash budget of $1.2 trillion and more than 2 million civilian employees, whose activities reach...
Restoring Fiscal Responsibility
Without accounting reforms, the federal books will continue to be cooked. When I entered Congress in 1985 and was appointed to the House...
A New Direction for Budgeting
“We find ourselves in the pilot seat of a 747 airliner at thirty-two thousand feet. We had better try to learn to fly." That is how...
GAAP's Budget Gaps Will Surprise
The events of the past two weeks have shown us that it is easier for President Reagan to reach an agreement with the Communists in Moscow...
Cutting The Credit Line On The World's Costliest Charge Card
Any good accountant taking a hard look at federal budget management would tell his client-the taxpayer- that safeguards were everywhere...