To amend title 31, United States Code, to require certain additional calculations to be included in the annual financial statement submitted under section 331(e) of that title.
Truth in Accounting Act of 2006 - Amends federal law to require the Secretary of the Treasury to include in his audited financial statement of the previous year a calculation of the net present value of the overall liabilities and commitments of the U.S. government.
Introduced in House
Introduced in House
Referred to the House Committee on Government Reform.
Sponsor introductory remarks on measure. (CR H1959)
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