Tuesday, September 11, 2007

Progress after 11 years

In 1996 Congress passed the Federal Financial Management Improvement Act which was designed to ensure that twenty-four federal agencies complied with financial and accounting standards. Eleven years later we still don't have all twenty-four agencies meeting the requirements of the law. Depending on the issue, there are between seven and fifteen agencies that, eleven years later, have failed to comply with the law.

I know that governments move slowly, but this seems ridiculous.

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