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The Federal Budget: More Than Just Dollars and Cents

Qualified Opinions

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Navigating Trust Funds and Fiscal Policy

This chapter explores the intricacies of government accounting, particularly regarding trust funds and their influence on congressional spending. The discussion highlights the challenges of Social Security, wealth distribution, and the impacts of fiscal decisions on future budgets. It also addresses the urgency for reforms in light of rising interest rates and the need for a sustainable fiscal strategy.

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