Our federal government hasn't balanced its books
For the ninth year running, the federal government failed to achieve a clean financial audit; this was due mostly to serious financial management problems at the U.S. Department of Defense. The DoD was not alone in receiving a disclaimer, or failing mark from the Government Accounting Office last December, 2005, however. It was joined by NASA, the Energy Department and the Homeland Security Department; together, these agencies represent 58 percent of the government's total reported assets.
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