TITLE

BUDGET ISSUES: Accrual Budgeting Useful in Certain Areas but Does Not Provide Sufficient Information for Reporting on Our Nation's Longer-Term Fiscal Challenge

PUB. DATE
December 2007
SOURCE
GAO Reports;12/24/2007, preceding pi
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article offers information about the study which examines the government financial conditions and fiscal outlook conducted by the Government Accountability Office (GAO) in the U.S. The study indicates that financial condition and fiscal outlook have deteriorated since 2000 and the federal budget has gone from surplus to deficit. It is suggested that increased information and better incentives can help put our nation on a more sound fiscal footing.
ACCESSION #
29405482

 

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