"The projected path of the U.S. national debt is the major challenge facing American economic policy. Without changes in tax and spending rules, the national debt will rise from 62 percent of GDP now to more than 100 percent of GDP by the end of the decade and nearly twice that level within 25...

At a time when Congressional investigations have taken on added importance and urgency in American politics, this book offers readers a rare, insider’s portrait of the world of US Congressional oversight. It examines specific oversight investigations into multiple financial and offshore tax...

Abstract: Öffentlichen Rechnungsprüfern (z. B. Rechnungshöfen) wird eine wichtige Rolle bei der Kontrolle von Regierung und Verwaltung zugesprochen. Trotzdem wurden sie bisher aus ökonomischer Sicht kaum untersucht. Dieses Buch ist die erste systematische ökonomische Analyse des Einflusses...

Audits are a common mechanism used by governments to monitor public spending. In this paper, we discuss the effectiveness of auditing with theory and empirics. In our model, the value of audits depends on both the underlying presence of abuse and the government's ability to observe it and...