Ever since 1995, the Congressional Budget Office, the main scorekeeper for determining the impact of federal government spending programs upon the United States’ national debt, has been using an accounting scheme that conceals the full scope of the liabilities being taken on by the nation to fulfill the promises of today’s free-spending politicians.
But new legislation
reported to be gaining traction on Capitol Hill aims to make those obligations
more transparent. Emma Roller of Slate describes
the efforts being made to pierce the veil that politicians use to obscure the
full cost of their spending, which many Washington insiders would describe as a
near-impossible task:….To Read More….
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