The Government’s Balance Sheet

Did your parents tell you it was imprudent to spend more than you earn? A new project from former Microsoft CEO Steve Ballmer, USAFacts, shows that although the federal government has not fully embraced this practice, it seems to have taken hold among state and local governments.

As a nonpartisan, not-for-profit initiative that makes public data accessible to citizens, USAFacts paints a clear picture of the public administration's net worth.