Federal Funding
The Federal Government Has a Spending Problem and That’s a Problem for Everybody
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
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
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...
A $31 Trillion National Debt Matters Much More Than Most Think
On Oct. 3, 2022, the U.S. national debt eclipsed $31 trillion for the first time in history. When you factor in unfunded liabilities in Medicare and Social Security, the debt skyrockets to well over $100 trillion. As the Anti-Federalist writer Brutus warned: “I can...