HOUSE_OVERSIGHT_020824.txt

The document presents a business-like analysis of the US federal government's financial situation using an income statement and balance sheet. The report aims to inform public debate on national finances by illustrating patterns and trends in easy-to-understand ways, examining revenue drivers, expense growth history, and scenarios for positive cash flow. Key contributors include Liang Wu, Fred Miller, Richard Ravitch, Emil Henry, Laura Tyson, Al Gore, Meg Whitman, John Cogan, Peter Orszag, Chris Liddell, among others. The report consists of a foreword, summary, and 460 PowerPoint slides containing data-rich observations, which are made available under the Creative Commons license for non-commercial distribution to encourage public discussion on America's financial present and future.