Feds Set Spending Record in Fiscal 2021; Ran Second-Largest Budget Deficit in History
With economies shut down and the U.S. government spending trillions in response to the coronavirus pandemic, the federal government ran a record $3.13 trillion deficit in fiscal 2020. The pandemic eased and economies opened back up in fiscal 2021, and you would expect...
Time for Another Fake Debt Ceiling Fight
The clock is ticking down to another U.S. debt ceiling battle. Of course, the debt ceiling is a fake and a fraud just like the debate surrounding it. The debt ceiling theoretically “limits” government borrowing and spending. In reality, it does no such...
Partisan Hackery Blinds People to the Real Problem
Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again spotlights typical partisan hackery in Washington D.C. And...