Truth in Accounting
@truthinacct
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Working to Transform Government Through Better Accounting.
Chicago, IL
Joined June 2009
🚨 Federal Tax Dollars: The Hidden Fraud in Government Accounting 🚨 Did you know that our governments create their own accounting rules, allowing them to hide trillions in unfunded liabilities like pensions, Social Security, and Medicare? This isn't just poor bookkeeping—it's
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Not Just Minnesota: How Tax Dollars Are at Risk of Fraud in This State
dailysignal.com
Illinois state officials failed to perform required risk assessments for housing relief and crime victim assistance.
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FANG 1.0 vs. FANG 2.0 update: On November 7, this ratio appeared to break out of a multi-year declining wedge pattern. Since then, FANG 1.0 stocks are down nearly 4%, while the FANG 2.0 "Index" is up over 12%. Of course, this type of analysis is probabilistic in nature.
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$75.3 million in federal funds was distributed by the Illinois Criminal Justice Information Authority for crime prevention. The audit shows the ICJI didn’t conduct required site visits or follow its own monitoring policies. Here is the list of organizations receiving the money
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Are you curious if your state has red flags on fraud, waste and abuse? Just google "Single Audit" for your state, put it through AI and ask if there are any qualified or disclaimer opinions. Here's Californias....they have at least 10!!!!! https://t.co/N16I3DxEmK
#truthinacct
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Tim Walz’s DHS was backdating records and creating new documents during the audit. This is a cover-up.
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@bennyjohnson 3rd Largest Economy in the world? #46 in Taxpayer Burden And Newsom still wants to tax more, billions missing, and chasing out the top corporations that bring in the tax revenue. Source: https://t.co/AxOfs7dNfy
@truthinacct
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Audits matter!
Looking to capitalize after @GovTimWalz decides not to run for 3rd term following questions of financial mismanagement, Rep candidate @TedForIllinois points out @GovPritzker spending increases. He’s asking for a forensic audit. #ILGov26
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Just a reminder: improper payments keep on climbing every presidential term! 🧾Receipt:
🚨 BREAKING: This is a GENERATIONAL betrayal. HUD just found $5 BILLION+ in FRAUDULENT payments in 2024 alone, under Biden. Payment error of over 11% PERCENT. - $5.2 BILLION to inactive accounts - $77M to deceased tenants - $150M to nonexistent Social Security numbers - $288M
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New Year, same mission: No more misleading numbers. Happy 2026 to everyone fighting for truthful government accounting and taxpayer empowerment! Let's keep the pressure on. 💪📊 #HappyNewYear
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Last election cycle a journalist didn't cover our report on the finances of Longview, Texas until AFTER the Mayoral race. The report was meant to educate voters, start a conversation. When questioned about her timing, she said, "Early voting had started, it felt like election
Okay. So, get this. Not only can a Minnesota residential facility employee vouch for UNLIMITED facility residents, but healthcare facility voting can be administered 35 days before Election Day. The more I research Minnesota, the worse it gets.
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Public pensions: Where politicians buy votes with promises they won't fund, hide the tab with their own accounting tricks, and leave taxpayers holding the bag.
The Illinois pensions are even more fraudulent, if you can believe it.
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Woo hoo! Bring on the pension TRUTH!!
Your daily reminder that if you are hoping for a California state pension, because of the fraud and grift of your elected officials in California, your state pension is at risk. California politicians decided that the best way to cover up their addiction to
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Chicago taxpayers are right to demand transparency—our latest report shows the city needs $40.9 billion to pay its bills, with each taxpayer on the hook for $40,600 in debt, driven by severely underfunded pensions (just 22¢ on the dollar). A full forensic audit is long overdue to
Chicago resident goes off in board meeting 🔥 “We’re calling for a boycott on these taxes. Nobody is playing this game no more. We won’t pay our taxes until we get a forensic audit on where all our money is going. We demanding that. We’re asking President Trump to send the
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AND..True patriots, regardless of background, deserve governments that don't hide the debt. Time for truthful budgets that unite us in fiscal responsibility. #truthinacct
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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“The best way to thwart a surveillance state is with a surveillance citizenry.” @johnhart333 on transparency, accountability, and why the tools to achieve both matter.
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Government pensions need structural reform through corporate style guardrails!
Cook County property taxes funding pensions more than service
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Cook County property taxes funding pensions more than service
illinoispolicy.org
Cook County homeowners face rising property taxes. Three-fourths of that money is going to police and fire pensions instead of services.
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NEW: Chicago has just over two weeks left to pass a city budget. The clock is ticking. Much of the budget drama has centered around Mayor Brandon Johnson’s demand for a controversial “head tax,” which would bring in an estimated $82 million. But far less attention has been paid
thelastward.org
How financial shell games and a loophole in state law denies Chicagoans the power to vote on their property tax bills.
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Chicago can’t tax its way out of this. That ship has already sailed. How do we know? Because its tax base is already leaving. And it's not just Chicago residents. The city has lost four corporate headquarters in the last few years alone. The truth that no one in Springfield
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