For years, the American public has been misled by confusing financial reporting and a lack of transparency around the nation’s financial commitments. Despite the urgency of the issue, the U.S. government has failed to hire an independent financial auditor, has not issued a clean audit opinion in over three decades, and has used distorted accounting practices to downplay the true extent of its financial burden. At the heart of this deception is the Federal Accounting Standards Advisory Board (FASAB), which has been criticized for enabling a system of modified cash accounting that hides as much as $173.5 trillion in unfunded liabilities.
Watch: The USA Citizens-Heroes Webinar
The USA Citizens-Heroes Conference aims to empower citizens with the facts and tools they need to demand accountability from elected officials and policymakers. By adopting full accrual accounting, the U.S. government could begin to accurately report its financial obligations, enabling voters to make more informed decisions about the nation's future.
Speakers include:
- David Walker, former U.S. Comptroller General and founder of the Comeback America Initiative
- Dr. Larry Kotlikoff, economist and author of The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy
- Sheila Weinberg, founder and Executive Director of Truth in Accounting
- Joe DioGuardi, Former Congressman and founder of Truth in Government
- Andy Miller, CPA and 3-decade partner at Ernst & Young
The Current Financial State of the Union
Take Action Now!
We believe that this change is vital to restoring the public’s confidence in how our federal tax dollars are being spent and securing a financially sustainable future for our nation. It is time to bring full transparency to federal financial management.
We ask you to sign this petition and join the call for reform. Let’s make sure our government is accountable to the people it serves.