ATR today sent a letter in support for H.Con.Res.8, the Fiscal State of the Nation Resolution, introduced by Congressman Jim Renacci (R-Ohio) along with 34 other members of the House of Representatives. 

This bipartisan resolution will require the Comptroller of the United States to provide an official report on the financial status of the United States to a joint session of Congress.

Financial statements for the United States are already compiled, but are too complex and too long. As a result, important information on the federal government’s assets, liabilities, revenues, expenses, and sustainability of programs are often ignored or missed by Members of Congress, the media, and the public.

The full letter can be read here.

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