An Annual Report to Congress: The Nations Fiscal Health Action Is Needed to Address the Federal Governments Fiscal Future
Abstract
A broad plan is needed to put the federal government on a sustainable long-term fiscal path and ensure that the United States remains in a strong economic position to meet its security and social needs, as well as to preserve flexibility to address unforeseen events. This report describes the fiscal condition of the U.S. government as of the end of fiscal year 2019 and its future unsustainable fiscal path absent policy changes. It draws on the Fiscal Year 2019 Financial Report of the United States Government (2019 Financial Report) and GAOs work, including its audit of the governments consolidated financial statements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 12, 2020
- Accession Number
- AD1100113
Entities
People
- Ardith Spence
- Daniel Paulk
- Dawn B. Simpson
- Jason Vassilicos
- Loren Lipsey
- Marybeth Acac
- Meredith Moles
- Michael Bechetti
- Robert F. Dacey
- Robert Gebhart
- Susan J. Irving
Organizations
- United States Government Accountability Office