U.S. / Tags / Accounting

+43
Shocking
100% Credible

Rules 'hiding' trillions in debt: Liability $516,348 per U.S. household

U.S. / NEWS Tue May 29, 2007 @ 4:10pm neoform
USA Today -- The federal government recorded a $1.3 trillion loss last year — far more than the official $248 billion deficit — when corporate-style accounting standards are used, a USA TODAY analysis shows. The loss reflects a continued deterioration in the fi.. Read More
+27
Important
85% Credible

Taxpayers on the hook for $59 trillion

U.S. / NEWS Tue May 29, 2007 @ 8:17am neoform
USA Today -- The federal government recorded a $1.3 trillion loss last year — far more than the official $248 billion deficit — when corporate-style accounting standards are used, a USA TODAY analysis shows. The loss reflects a continued deterioration in the fi.. Read More
+5
Under Rated
70% Credible

Iraq War Will Cost More than $2 Trillion

U.S. / NEWS Sun Nov 5, 2006 @ 12:05am neoform
Information Liberation -- In January, we estimated that the true cost of the Iraq war could reach $2 trillion, a figure that seemed shockingly high. But since that time, the cost of the war – in both blood and money – has risen even faster than our projections anticipated. Mor.. Read More
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