AICPA Reaffirms Strong Support for Fiscal State of the Nation Act

Washington, D.C. (March 10, 2026) - In a letter to Representatives Andy Barr (R-KY) and Scott Peters (D-CA), the American Institute of CPAs (AICPA) reaffirmed its strong, long-standing support of H.R. 7026, the Fiscal State of the Nation Act, which would provide for an annual presentation by the Comptroller of the United States to budget committees from both chambers of Congress regarding the audited financial statement of the executive branch. This bipartisan legislation will promote greater fiscal transparency and help key policymakers focus on some of the most important aspects of the consolidated financial statements, including financial and sustainability measures.

A 2025 survey conducted by The Harris Poll on behalf of the AICPA demonstrated that Americans want Congress to have the best information when making important fiscal decisions for our country. According to the survey, 81 percent of Americans agree they would support an annual report to Congress provided by the U.S. Comptroller on the audited financial statements of the nation, with 38 percent indicated they strongly agree.

The letter expresses the organization's support for this legislation, saying, "Our nation's fiscal health is essential to sustaining long-term economic strength and national stability. The Fiscal State of the Nation Act represents a critical step towards greater transparency, providing a deeper understanding of the long-term economic impact of current and future policies. As shown by the survey results, a significant majority of Americans are concerned with the nation's fiscal health affecting future generations and would support this transparency measure. By requiring an annual report on the federal government's consolidated financial statements to Congress, this legislation ensures that policymakers have the information needed to make sound decisions for our country's future. This legislation represents a critical step in moving our federal government forward as it relates to financial accountability and transparency, with the aim of improving congressional decision making on important fiscal issues."

The AICPA is committed to promoting strong fiscal stewardship and ensuring that lawmakers have access to clear, reliable financial information. By advancing policies that strengthen transparency and education, we help support a more informed budget process and a more secure fiscal future for our nation.

Survey Method: This survey was conducted online within the United States by The Harris Poll on behalf of AICPA from December 18 - 22, 2025 among 2,079 adults ages 18 and older, among whom 1,774 are registered voters. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.5 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact the AICPA.

About the American Institute of CPAs

The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with 397,000 members and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. A founding member of the Association of International Certified Professional Accountants, the AICPA sets ethical standards for the profession, attestation standards, and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state, and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, partners across the profession to build future talent, and drives continuing education to advance the vitality, relevance, and quality of the profession.

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Contact: Veronica L. Vera
202-434-9215
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