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...
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),...
Thomas Jefferson’s Blueprint for Dealing With the National Debt
The way Thomas Jefferson handled the national debt should serve as a blueprint today. But instead, modern presidents look more like college students on a spending spree with their first credit cards. In January 2017, the national debt stood at a whopping $19.95...