The Treasury Department has released the FY 2007 Financial Report of the U.S. Government:

• Complete Report
• GAO Guide to Understanding the Annual Financial Report of the U.S. Government
• A Citizen’s Guide:

The Fiscal Year 2007 Financial Report of the United States Government (Report) provides the President, Congress, and the American people a comprehensive view of how the Federal Government is managing taxpayer dollars. This Citizen’s Guide is a summary of that Report, which attempts to make sense of the trillions of dollars that the Government receives from taxpayers and spends through thousands of Government programs and services, such as national defense, Social Security, Medicare, and education each year, dwarfing even the largest companies worldwide. It discusses the Government’s financial position and condition, its revenues and costs, assets and liabilities, and other responsibilities and commitments, as well as important financial issues that affect the Nation and its citizens both now and in the future. Table 1 summarizes several key indicators of the Government’s financial health [click on chart to enlarge].

Dan Shaviro has more here.