Tuesday, December 21, 2004
Cooking Washington's Books
The Government Accountability Office has found Washington's bookkeeping so bad, they couldn't even tell if the bookkeepers kept accepted accounting principles. Good books are important. Right now, Washington's debt is around $7.4 trillion. That's $25,000 for every man, woman, and child in America. But add in Social Security, Medicare, and veterans' benefits and it works out to about $145,000 per person -- or $350,000 for every full-time worker in America. That's a bunch of money. So get back to work. (WashPost)
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