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