Message from the Comptroller General

By General Accounting Office

Book Id: WPLBN0000181726
Format Type: PDF eBook:
File Size: 10.09 MB
Reproduction Date: 2005

Title:	Message from the Comptroller General
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Accounting Office, B. G. (n.d.). Message from the Comptroller General. Retrieved from http://gutenberg.cc/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Two hundred years ago, the Pounding Fathers gathered in Philadelphia to consider revisions to the Articles of Confederation, the basis for the existing govermnent of the United States. At that time, the nations poor financial conditiontrade imbalances, deficient domestic and international-credit, the lack of a national currency and banking system, and other ?problems-was foremost in their minds. lbday, as we celebrate the bicentennial of the Constitution, problems with the financial system are again prominent among the challenges to government. Our government continues to struggle with the budget, as it has since the deficit first broke the $100 billion mark in 1982. The deficit declined markedly in 1987, reflecting an apparently temporary acceleration in tax revenues. But a basic imbalance remains between the programs and services we expect from government and the taxes we collect to pay for them.