Federal Funding
Time for Another Fake Debt Ceiling Fight
The clock is ticking down to another U.S. debt ceiling battle. Of course, the debt ceiling is a fake and a fraud just like the debate surrounding it. The debt ceiling theoretically “limits” government borrowing and spending. In reality, it does no such...
Partisan Hackery Blinds People to the Real Problem
Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again spotlights typical partisan hackery in Washington D.C. And...
Despite Tax Day in May, U.S. Government Runs Another Massive Deficit
Typically, the U.S. government runs a budget surplus in the month that tax returns come due. Not this year. Despite a surge in receipts, the federal government ran a $131.95 billion deficit in May, continuing the trend of overspending and ballooning budget shortfalls....
Biden Borrow and Spend Plan Builds on Trump Legacy and Makes Things Even Worse
President Joe Biden released his 2022 budget this week. The $6 trillion spending plan offers a glimpse into Biden’s long-term fiscal strategy – borrow and spend to infinity and beyond. This is eerily similar to the Donald Trump fiscal strategy. In fact, this has been...