Podcasts Government Federal Drive with Tom Temin GAO says consolidated statements can't clarify the status of federal finances

GAO says consolidated statements can't clarify the status of federal finances

Published: March 2, 2022, 2:08 p.m.

b"Financial management problems at the Defense Department show up year after year. Throw in problems at the Small Business Administration and a few other persistent issues, and it's impossible to accurately assess the state of federal finances. And that's the conclusion from the latest look at the government's consolidated statements conducted by the Government Accountability Office. The Federal Drive with Tom Temin got the latest from the GAO's Director of Financial Management and Assurance issues, Dawn Simpson. \\nLearn more about your ad choices. Visit megaphone.fm/adchoices"