Establishes an annual joint hearing for the House and Senate Budget Committees to review the executive branch's audited financial statement.
The Fiscal State of the Nation Act mandates an annual joint hearing by the House and Senate Budget Committees to review the executive branch's audited financial statement. The Comptroller General of the United States will present the findings of the audit, providing an analysis of the federal government's financial position and condition. The presentation must adhere to the Government Accountability Office's Strategies and Means, ensuring it is professional, objective, and nonpartisan.
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