H.R.943: Truth in Accounting Act of 2009

About This Bill

Bill Summary

Truth in Accounting Act of 2009 - Requires the Secretary of the Treasury to include in the audited financial statement of executive branch accounts of the previous year a calculation of the net present value of the overall fiscal exposures of the U.S. government.Requires such financial statement to include a program-by-program calculation of: (1) the generational imbalance; (2) the fiscal imbalance; and (3) the total amount of the fiscal...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.943.

Bill Actions

Date Description
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Oversight and Government Reform
Referred to House Budget
Referred to the Subcommittee on Government Management, Organization, and Procurement.
Feb. 10, 2009

Introduced in the House by Michele Bachmann (R-Minn.)

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