Truth in Accounting’s Sheila Weinberg on Illinois’ pension mess and whether budgets are ‘balanced’
Public Affairs’ Jeff Berkowitz sits down for a conversation with Sheila Weinberg, Founder and CEO of “Truth in Accounting,” since 2002 and whose mission is to compel governments to produce financial reports that are understandable, reliable, transparent and correct. Sheila Weinberg received her Certified Public Accountant, also known as a CPA, credential in 1981, along with a Bachelor of Accounting degree from the University of Denver, which she attended on an academic scholarship. Ms. Weinberg’s research initiatives include “The Truth about Balanced Budgets, a Fifty State Study,” the Financial State of the States and the Financial State of the Union.
READ MOREEven after bankruptcy, Detroit is in debt
The city of Detroit owes more than it has available to pay its bills – $1,600 per taxpayer, according to a national watchdog group. The news comes more than a decade after the city entered federal bankruptcy court.
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