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Comptroller General

The head of the U.S. Government Accountability Office (GAO), who is responsible for auditing federal government programs and spending. They provide non-partisan, fact-based information to Congress.

Audited Financial Statement

A formal report that presents an organization's financial position, operations, and cash flows, which has been independently examined by auditors to ensure accuracy and compliance with accounting standards.

Executive Branch

The part of the U.S. government that carries out and enforces laws, led by the President. It includes federal agencies and departments.

Budget Committees

Permanent committees in both the House of Representatives and the Senate responsible for drafting Congress's annual budget plan and overseeing budget-related legislation.

Government Accountability Office (GAO)

An independent, non-partisan agency that works for Congress. It investigates how the federal government spends taxpayer dollars and provides Congress and federal agencies with objective, fact-based information to help them improve government and save money.

Fiscal Projection

An estimate or forecast of future financial conditions, often used to predict government revenues, spending, and debt levels over time.