On April 28 Sheila Weinberg, the Institute for Truth in Accounting's founder & CEO, attended the Peterson Fiscal Summit of 2010. As a participant at
the Summit, Weinberg had the opportunity to pose this question to
President Clinton: 'If Congress knew the true cost of their financial
decisions, would different decisions be made now and in the future?'
President Clinton acknowledged that while 'politics' always has an
influence on decision-making, knowing the true costs of any initiative
or program would obviously be a benefit. In addition, Clinton
acknowledged that states are "'playing accounting tricks"' are also a big
problem.
Weinberg's photo album of the Summit
Weinberg's excerpts of Clinton's comments