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How to break through America’s budget gridlock

JULY 13, 2016 | by Mike Enzi | THE FISCAL TIMES

By Sen. Mike Enzi (Wyoming), includes "... we can update obsolete and antiquated accounting rules. The private sector applies modern advances in economics, accounting, and finance to accurately reflect a business’s financial condition and the potential impact of new policies. But the federal government’s budget rules haven’t undergone comprehensive review since 1967, more than 50 years ago. Updating these rules would provide Congress with the honest, accurate information necessary to allocate taxpayer dollars responsibly..."

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