Tuesday, December 21, 2004
Cooking Washington's Books
The Government Accountability Office found Washington's bookkeeping is so bad, they don't even know if the bookkeepers keep accepted accounting practices. That's important considering how much money Washington has to account for. The national debt is $7.4 trillion -- about $25,000 for every man, woman, and child in the country. Add in Social Security, Medicare, and veterans' benefits and it comes to $145,000 per person -- or $350,000 per full-time worker. That's a bunch of money. So get back to work. (WashPost)
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