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Fiscal Insanity: The Government Borrows $6 Billion a Day, and Weโ€™re Stuck with the Bill

Fiscal Insanity: The Government Borrows $6 Billion a Day, and Weโ€™re Stuck with the Bill

by John Whitehead | Apr 12, 2023 | Current Events, Economy, Federal Funding

Weโ€™re not living the American dream. Weโ€™re living a financial nightmare. The U.S. government is funding its existence with a credit card. The governmentโ€”and that includes the current administrationโ€”is spending money it doesnโ€™t have on programs it canโ€™t afford, and โ€œwe...
Five Trillion Dollars Is Not Enough

Five Trillion Dollars Is Not Enough

by Laurence M. Vance | Dec 3, 2022 | Current Events, Federal Funding

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 toย The Monthly Treasury Statement of Receipts and Outlays of the United States Governmentย (MTS),...
Unsustainable: Record Spending Can’t Go On Forever

Unsustainable: Record Spending Can’t Go On Forever

by Mike Maharrey | Oct 27, 2022 | Economy, Federal Funding

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 governmentโ€™s out-of-control spending...
The Government’s Kill Switch for Your Car, Your Freedoms and Your Life

The Government’s Kill Switch for Your Car, Your Freedoms and Your Life

by John Whitehead | Feb 12, 2022 | Current Events, Federal Funding, Federal Programs

โ€œA psychotic world we live in. The madmen are in power.โ€ โ€”Philip K. Dick,ย The Man in the High Castle If we havenโ€™t learned by now, we should beware ofย anythingย the government insists is for our own good. Take the Biden Administrationโ€™sย Infrastructure Investment and...
The Debt Ceiling and Inflation

The Debt Ceiling and Inflation

by Jacob Hornberger | Dec 16, 2021 | Current Events, Federal Funding

Not surprisingly, both houses of Congress approved another increase in the debt ceiling and have sent the bill to President Biden, who will most assuredly sign it. The bill raises the debt ceiling to $31.5 trillion. This debt ceiling is expected to last through the...
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