Truth In Accounting’s Sheila Weinberg on CSPAN

From The Institute for Truth in Accounting…

Sheila Weinberg, Founder & CEO of the Chicago-based Institute for Truth in Accounting, spoke at the Private Solutions in Public Sector Pension Plans conference held by the U.S. Chamber of Commerce. Her speech highlighted the need to bring FACT based budgeting (download .pdf) to state budget processes.

Her speech starts at the 16:00 minute mark in the video that can be viewed from the CSPAN library. Other speakers at the event included David Walker, President of Peter G. Peterson Foundation, State Senator Chris Lauzen (R-IL), Andrew Biggs, Resident Scholar-American Enterprise Institute (AEI), Dana Bilyeu, Chief Executive-Public Employees’ Retirement System of Nevada, Jack Dean, Editor-Pension Tsunami, President, Fullerton Association of Concerned Taxpayers, Ray Scheppach, Executive Director-National Governor’s Association, and Diana Furchtgott-Roth, Senior Fellow- The Hudson Institute.


Truth in Accounting: The National Discussion on Our Federal Budget Saturday, June 26

From the folks at Truth in Accounting…

Our national debt is projected to grow at an unsustainable rate if our country remains on its current course. Our nation’s leaders have decided that something needs to be done, but they need to hear from us and they are willing to listen. It is time to come together as a country to make the tough choices that will ensure America’s Future.

Join Americans at meeting halls across the country linked together by satellite and the internet to let them know what we think. The National Town Meeting is our chance to learn about the issues, find common ground and present your priorities to leaders in Washington.
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Truth in Accounting: The National Discussion on Our Federal Budget Saturday, June 26″


Update From the Institute for Truth in Accounting

Weinberg Attends Peterson Foundation Fiscal Summit

On April 28th, Sheila Weinberg attended the Peter G. Peterson Foundation ‘2010 Fiscal Summit: America’s Crisis and A Way Forward,’ a meeting to launch a national bipartisan dialogue on America’s fiscal challenges. The Fiscal Summit included a range of voices including keynote speaker former U.S. President Bill Clinton, OMB Dir. Peter Orszag, Alan Greenspan, Paul Volcker, former Treasury Sec. Robert Rubin and Wisconsin Representative Paul Ryan.
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Update From the Institute for Truth in Accounting”


New Jersey Legislators Should Know the FACTS Before Budget Vote

From Truth In Accounting…

Truth In Accounting Issues New Jersey’s “Financial State of the State”

Today, the Institute for Truth in Accounting released New Jersey’s “Financial State of the State.” The numbers are not good and they are getting worse every day. The state’s bills as of June 30, 2009 were $143 billion and the state had already used $33 billion of assets that were supposed to be set aside to met established legal and contractual obligations. To pay bills and obligations past legislators should have already covered current and future, taxpayers will have to come up with $176 billion—$66,200 per family.

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New Jersey Legislators Should Know the FACTS Before Budget Vote”


Truth in Accounting: Governor – You Can’t Balance Illinois’ Budget By Borrowing Money

From Truth in Accounting…

Institute for Truth in Accounting Issues Guide to Honest Budgeting

March 11, 2010 — To help citizens determine if Gov. Pat Quinn’s budget is truly balanced the Institute for Truth in Accounting has published “Are We Unbalanced? – A Guide to Reviewing Governments’ Budgets”.
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Truth in Accounting: Governor – You Can’t Balance Illinois’ Budget By Borrowing Money”


Legislation Calls For An End To Budget Shenanigans

From the folks at Truth in Accounting:

Pew Study Confirms Urgent Need For Truth in Accounting Act

Contact: Darlene Porteus 847-835-5200 – dporteus@truthinaccounting.org

February 18, 2010 — On February 3rd State Representative Mike Tryon (IL-64th District) introduced the Truth in Accounting Act of 2010. The proposed legislation, which was written with the help of the Institute for Truth in Accounting, calls for increased disclosure during the state budgeting process.
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Legislation Calls For An End To Budget Shenanigans”


Truth In Accounting Update

From the Truth in Accounting folks…

Illinois Budget Transparency Group Makes Recommendations to Springfield Legislators

This past fall, Sheila Weinberg and Ralf Seiffe met with the Illinois House Bi-Partisan Task Force on Budget Reform in Springfield to discuss the views of the Illinois Budget Transparency Group on ways to refine the calculation of Illinois’ annual budget.
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Truth In Accounting Update”


Truth in Accounting Hosts Evening David Walker

David M. Walker: Comeback America Institute for Truth in Accounting Partners With the Union League Of Chicago’s Authors Group to Host Hon. David Walker

February 8, 2010: 11:30 AM – 1:30 PM Book Signing and Luncheon

He’s one of America’s most capable, canny, candid, and independent financial experts. Now David M. Walker sounds a call to action. Comeback America is a tough-minded, innovative, inspiring guide to help us avoid the approaching economic abyss and put the country back on track again.
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Truth in Accounting Hosts Evening David Walker”


An IPI Christmas: Feeding The Hungry, Bringing Opportunity to Developing Nations

-By Warner Todd Huston

Last night I was invited to attend a Christmas get together sponsored by the Illinois Policy Institute. This year’s theme was feeding the hungry in Africa and bringing economic freedom to developing nations. We heard some interesting presentations from Paul Wormley of the One Acre Fund as well as Tim Probasco of Opportunity International, both involved with helping subsistence farmers in Africa and India to become self-sufficient and to work toward creating financial success by selling their products at market. Both organizations take different approaches toward the same market oriented goals and both are efforts worthy of support. Best of all both organizations base their assistance on free market principles as opposed to mere charity work.

But, before the serious discussions of hunger in Africa and India and economic assistance to the impoverished began, we were serenaded by a charming group of kids from a local Chicago school operated by the KIPP: Ascend charter school program.


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An IPI Christmas: Feeding The Hungry, Bringing Opportunity to Developing Nations”


Truth in Accounting TV Appearance

On Nov. 12th, WTTW 11, Chicago’s PBS station, did a roundtable segment about Illinois’ C minus grade on managing its money. The panel featured Sheila Weinberg of The Institute for Truth in Accounting, and Illinois non-profit think tank that we’ve discussed here many times.

This is a warning that Illinois has a budget disaster that will sink it unless addressed, and soon.

(cross posted at RedCounty.com)