The Trump Administration Has Added More Than $7 Trillion to National Debt
The Trump administration has added more than $7 trillion to the national debt – in less than four years. The national debt surged above $27 trillion on Oct. 1. It barely even got a mention in the mainstream media. The U.S. government has added over $3 trillion...
Debt is the Real Pandemic
According to the Congressional Budget Officeโs (CBO) latest โUpdate on the Budget Outlook,โ this yearโs $3.3 trillion federal deficit is not just three times larger than last year: it is the largest federal deficit in history. The CBO update also predicts that the...
The Federal Reserve is Getting Desperate
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fedโs Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a...