United States' Financial Statements

[slow99]

I receive a few pm's every time I reference these data points in a post. I'm assuming we have a couple members here who know how to make sense of a set of financial statements. Of course - the interesting commentary is found in the notes to the financial statements. Here are the links. Sorry, I'm coming off a 75 hour earnings week from hell, but I'll try and answer any questions.

http://www.cbo.gov/ftpdocs/120xx/doc...011Outlook.pdf

Balance sheet and Income Statement are below ... if you want to see a P&L (income statement) it's referenced as the "statement of operations and change in net position".

http://www.fms.treas.gov/fr/10frusg/10frusg.pdf

http://www.fms.treas.gov/finrep/fins...s_changes.html

[racrguy]

I really don't understand what I'm reading here, so I stuck to the pictures, and all I can say is that it's really pissing me off to see the expenditures line going through the roof while the revenue line staying about even, or going up at a very low angle. There's something wrong here, which dancin' chicken do we need to light the fire under to fix it?

[Captain Crawfish]

it looks good fire up the print press

[stevo]

First and third link didn't work for me, and I cannot browse 268 pages of pdf document at the moment.

I know it is extremely novice of me, but cliff notes, if applicable?

Stevo

[Denny]

First and third link didn't work for me, and I cannot browse 268 pages of pdf document at the moment.

I know it is extremely novice of me, but cliff notes, if applicable?

Stevo

Revenue has increased a little each year, but steadily.

Spending has increased dramatically.