Tag Archives: FASB

Walter Burien asserts that contrary to popular belief, the public sector isn't broke

You’ve heard the refrain: State and local governments have run out of money and they need to balance their budget with taxes and service cutbacks. While it’s a popular notion espoused by the news media, it’s not true, as told by our guest, Walter Burien, who points to the data contained in a set of documents known as the Comprehensive Annual Financial Report (CAFR).

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Filed under Government & Organizations, National, News & Politics