Unaccountable Congress: It Doesn't Add Up - Softcover

CPA, Joseph J. DioGuardi

Softcover

ISBN 10: 1449922538 ISBN 13: 9781449922535

Publisher: CreateSpace Independent Publishing Platform, 2010

Synopsis

When Joe DioGuardi ran for Congress in 1984, he didn't fashion himself as a modern-day prophet. But after two terms as the first practicing Certified Public Accountant ever elected to the U.S. Congress, he had learned enough about the federal government's budgeting, accounting, and reporting gimmicks to predict today's financial crisis and spiraling national debt. He published Unaccountable Congress: It Doesn't Add Up in 1992 to warn the public about America's out-of-control spending and borrowing and founded the nonprofit organization Truth In Government to educate Americans about the growing fiscal unsustainability of the United States. After the fallout from the financial meltdown in 2008, DioGuardi decided to update the book. In this new edition, he traces events since 1992 that have directly contributed to today's economic crisis-from its roots in misguided financial legislation and lack of oversight and political accountability through massive increases in government spending and national debt. He outlines ways to set the government's financial record straight so that we can work our way out of a crisis that is hurting every American. To read the new foreword, please visit: http://amzn.to/gs2urU

About this title

About the Author:

Joseph J. DioGuardi began his professional career at Arthur Andersen & Co. in 1962. Elected to Congress from Westchester County, New York in 1984, he served two terms on the House Government Operations Committee and one term on the Banking, Finance, and Urban Affairs Committee. He serves on the Board of Directors and as Chairman of the Audit Committee of several corporations. He is currently the Conservative nominee and GOP candidate running for U.S. Senate representing New York State.

From Publishers Weekly:

A former two-term Republican representative for New York's Westchester County, DioGuardi blows the whistle on Congress for what he cites as grossly inept and deceitful fiscal practices. In a slim but meaty volume, he charges that congressional taxing, spending and guaranteeing combine with outrageous personal perks, deals and legal exemptions to endanger "the very soul of American democracy." He cites and explains such gimmicks as off-budget scams (e.g. the disastrous S & L bailouts) and reconciliation bills so huge no one reads them before voting, by which the public's money is squandered. Suggesting that members of Congress use their plastic voting cards like credit cards tapping unlimited funds, DioGuardi contends that this attitude has boosted each taxpayer's share of the $3 trillion national debt to more than $31,000. He proposes several accounting and budget reform measures and advocates a the formation of nationwide citizens' budget-watching committees.
Copyright 1992 Reed Business Information, Inc.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2010
• ISBN 10: 1449922538
• ISBN 13: 9781449922535
• Binding: Paperback
• Number of pages: 166