After Congress get through reviewing the frailities of the US accounting industry and corporate SEC reporting in the ENRON Debt Accounting Scandal it might want to look at the way federal government agencies hide financial environmental accounting debt from their yearly financial reports to Congress.
Here is a report I wrote in 1998 on the issue.
The U.S. Federal Government's First Environmental Audit
5/27/1998 Earlier this year, the U.S. federal government made its first attempt to file financial
And state government's also are departing from filing financial environmental debt to their legislatures.
States Enforcing Financial Environmental Reporting System
11/30/1999 5:40:00 PM A new accounting rule will change the way states, cities, and towns