GAO Marshalls Its Data to Warn Leaders of Fiscal Crisis

Set apart with an atypically colorful cover designed around a compass, the first-ever annual report on fiscal health from the Government Accountability Office warns the incoming president and congressional leaders that federal finances remain on an “unsustainable long-term fiscal path.” The 47-page compilation done in cooperation with the Congressional Budget Office combines the latest alarming macro-numbers with calls for action by Congress as well as specific remedies that can be undertaken by agency managers.