And so I just want to quick layout for my colleagues and for the witnesses how this thing is set up. The first column is the current balance sheet, the way it's reported by the government, which is not GAAP accounting. The second column puts on balance sheet the fund balances as well as the unfunded liability of the retirement system and the healthcare system. Then the columns A, B and C. (00:52–00:59)
CLAIM
Asserts that the government does not use GAAP accounting for the current balance sheet.
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