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Comptroller general's bleak report largely ignored.(Treasury Department and Office of Management and Budget reports)(Brief article)
A reading of the December 15, 2006 report issued by the Treasury Department and the Office of Management and Budget forces the following conclusion: the United States is insolvent and there is no way for the nation's bills to be paid with current levels of taxation and promised benefits.
But the report, produced during the days leading up to the Christmas season, drew next to no attention. If it weren't for Dr. Chris Martenson's CMI Gold & Silver Newsletter, it might have been tossed into the nearest memory hole.
In a statement accompanying the report's release, Comptroller General David Walker noted that the General Accounting Office found so many deficiencies in the government's accounting sys terns that its officials were ...
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Source: HighBeam Research, Comptroller general's bleak report largely ignored.(Treasury...