Federal Funding
The Federal Reserve: The Engine that Powers the Most Powerful Government in History
The Federal Reserve serves as the engine that makes all of the U.S. government’s unconstitutional spending possible. Without the Fed, the entire system would collapse. Case in point, in March and April of this year, the Federal Reserve effectively monetized 100...
The Profitability of Amtrak Is Not the Issue
In addition to the federal government’s departments, such as Energy, Interior, and Education; and independent agencies, such as the CIA, FCC, and EPA; there exist government quasi-corporations, such as the Corporation for Public Broadcasting (CPB), the Federal Deposit...
No. Americans are Definitely not Undertaxed
According to the Tax Foundation, Tax Freedom Day “is the day when the nation as a whole has earned enough money to pay its total tax bill for the year.” Tax Freedom Day “takes all federal, state, and local taxes and divides them by the nation’s income”; that is,...
Making Deficits Huge Again
Will massive deficits be the Trump legacy? The campaign rhetoric was all about “making America great again,” but the reality has been making deficits massive again. According to the Congressional Budget Office, the budget deficit will top $1 trillion in...