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USAFacts Releases 2022 Government 10-K, Providing Americans With an In-Depth Look at The Nation's Finances


Sixth annual report provides citizens with the only source to study the spending and outcomes of government programs

BELLEVUE, Wash., April 19, 2022 /PRNewswire/ -- USAFacts, a not-for-profit, nonpartisan civic initiative that is committed to making government data easy to access and understand, announces the publication of its sixth annual Government 10-K. Released every year to coincide with Tax Day, the report is designed to help Americans judge the state of the nation. It's modeled on the form for assessing performance, financial condition, and risk factors that publicly traded US companies must annually submit to the Securities and Exchange Commission.

"Accessible US government metrics like this 10-K empower citizens to bring unbiased facts to their daily discussions," said USAFacts founder and former Microsoft CEO Steve Ballmer. "With midterm elections coming this fall, the facts are crucial to having educated debates and making informed choices as voters."

"We believe Americans have a right to transparent information about how the government spends taxpayer dollars to benefits citizens," said USAFacts President Poppy MacDonald. "The 10-K format is a one-of-a-kind tool, and we believe the government should use this format to transparently report its actions back to the country. USAFacts spends six months compiling and reporting this holistic data so that Americans will have a clearer picture of how the government serves them."

The 2022 Government 10-K report features an open letter from Ballmer to American citizens ? also called the nation's shareholders. The letter includes the following insights:

The 2022 Government 10-K puts the spotlight on the impact of key legislation, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act, which extended relief to private citizens and domestic corporations. Compiled with data from more than 90,000 different government entities, the report primarily covers 2009 to 2019 with state and local financial data delayed due to the slow nature of government reporting.

To learn more about the organization and its annual reports, including the recently released State of the Union in Numbers, visit USAFacts.org.

About USAFacts
USAFacts is a not-for-profit, nonpartisan civic initiative making government data easy for all Americans to access and understand. USAFacts provides engaging visuals on data and trends in US spending, revenue, demographics, and policy outcomes to help Americans ground public debate in facts. It produces topical content throughout the year and has produced annual reports and 10-Ks on the nation. Follow them on Twitter, Facebook, and Instagram at @USAFacts, and sign up for the data-driven newsletter at USAFacts.org.

Contact
Monique Dinor, Vice President, Media
Lippe Taylor
[email protected] 

SOURCE USAFacts


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News published on 19 april 2022 at 09:45 and distributed by: