December 29, 2010

IN LIGHT OF MY EARLIER POST, TaxProf Paul Caron writes:

This is the 14th year in a row the GAO has been unable to give a clean auditor’s opinion on the Government’s books!

One wonders why the 112th Congress does not try to extend Sarbanes-Oxley to Congress and treat members as “signing officers” for the U.S. Budget, subjecting them to liability for the GAO’s inability to opine on the Government’s financial statements.

Fat chance. But heh.

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