Keeping America Great: The Role of the Accountability Profession

This is a Comptroller General Presentation delivered to The National Association of State Auditors, Comptrollers, and Treasurers in Nashville, TN on August 13, 2007. Major topics of this presentation include: composition of federal spending, fiscal year 2005 and 2006 deficits and net operating costs, state and local governments facing increasing fiscal challenges, growth in health care spending, proposed changes in social insurance reporting, and the future accounting/reporting and audit reporting model.