Thursday, July 01, 2010

The GAO says, we're financially doomed

I borrowed this from "Conservatives for Change", I hope they don't mind...

Former U.S. Comptroller General David Walker on The Federal Fiscal Crisis:

David Walker spent his life working for the GAO and keep the books on the federal government. He was their top accountant and he quit that post to warn the American people of the fiscal nightmare that is coming to our country....I think it is about time to listen to what he is telling everyone.
The GAO is the "Government Accountability Office"

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for Congress. Often called the "congressional watchdog," GAO investigates how the federal government spends taxpayer dollars...

...Our Mission is to support the Congress in meeting its constitutional responsibilities and to help improve the performance and ensure the accountability of the federal government for the benefit of the American people. We provide Congress with timely information that is objective, fact-based, nonpartisan, nonideological, fair, and balanced...

...We support congressional oversight by

- auditing agency operations to determine whether federal funds are being spent efficiently and effectively;
- investigating allegations of illegal and improper activities;
- reporting on how well government programs and policies are meeting their objectives;
- performing policy analyses and outlining options for congressional consideration; and
- issuing legal decisions and opinions, such as bid protest rulings and reports on agency rules.

We advise Congress and the heads of executive agencies about ways to make government more efficient, effective, ethical, equitable and responsive.

Our work leads to laws and acts that improve government operations, saving the government and taxpayers billions of dollars.

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