Truth-in-Accounting | The Epoch Times

Watchdog Warns States Blowing ‘Budget Surpluses’ on Wants Not Needs

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee ...

April 15, 2022BY John Haughey

New Jersey Taxpayers ‘On the Hook’ for Massive Debt: Report

New Jersey has amassed a huge, and possibly dangerous, level of debt, according to a new report that ...

December 8, 2021BY Gregory Bresiger

Chicago Taxpayers Face Heaviest Burden Among 10 Most Populous US Cities: Report

Windy City taxpayers face a much higher unfunded tax burden than those living in any of the nation’s ...

May 11, 2021BY Mark Tapscott

True National Debt Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer: Report

America’s national debt now exceeds $123 trillion, according to a new report, or more than four times the ...

April 19, 2021BY Mark Tapscott

Even Before $2 Trillion-Plus in CCP Virus Recovery Costs, US Finances Looked Grim

Federal officials representing both major political parties in the United States added more than $8 trillion on the ...

April 7, 2020BY Mark Tapscott

National Debt Isn’t $23 Trillion, It’s $122 Trillion, Group Says

WASHINGTON—America’s current national debt stands at roughly $23.3 trillion, according to the U.S. Treasury Department’s “Debt to the ...

February 24, 2020BY Mark Tapscott