Federal Funding

Congress Ignores Real Debt Ceiling Drama

by Ron Paul | May 1, 2023 | Current Events, Economy, Federal Funding

Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase. Perhaps the reason they did so this time was because...

Here’s How the Federal Government Is Mucking Up the Inflation Fight

by Mike Maharrey | Apr 21, 2023 | Federal Funding, Federal Reserve

By hiking interest rates, the Federal Reserve has pulled some of its monetary stimulus out of the economy. While the Fed hasn’t done nearly enough to put the inflationary fire it lit with more than a decade of easy money, cooling consumer price index (CPI)...

Fiscal Insanity: The Government Borrows $6 Billion a Day, and We’re Stuck with the Bill

by John Whitehead | Apr 12, 2023 | Current Events, Economy, Federal Funding

We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we...

The Federal Government Has a Spending Problem and That’s a Problem for Everybody

by Mike Maharrey | Feb 21, 2023 | Economy, Federal Funding

It shouldn’t come as any surprise that the biggest government in history spends a lot of money. In fact, the entire system is built on borrowing and spending money. Most people don’t think it’s a problem, but in reality, it’s a ticking time...

Five Trillion Dollars Is Not Enough

by Laurence M. Vance | Dec 3, 2022 | Current Events, Federal Funding

The federal government seized from the American people almost $5 trillion ($4.896119 trillion) in fiscal year 2022 (Oct. 1, 2021 through Sept. 30, 2022), according to The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS),...

Unsustainable: Record Spending Can’t Go On Forever

by Mike Maharrey | Oct 27, 2022 | Economy, Federal Funding

The biggest government in history is effectively running on credit cards. The U.S .government ran a $1.38 trillion budget deficit in fiscal 2022 despite government receipts at near-record levels. This further highlights the federal government’s out-of-control spending...

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