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The Real Scandal of the Spending Bill

The Real Scandal of the Spending Bill

by Ron Paul | Dec 28, 2020 | Current Events, Economy, Federal Funding

Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for “stimulus” checks authorized by the bill from 600 dollars to 2,000 dollars. The checks are...
More Excuses While Feds Run Biggest Deficit in Seven Years

More Excuses While Feds Run Biggest Deficit in Seven Years

by Mike Maharrey | Oct 28, 2019 | Current Events, Economy

The Trump administration has outdone itself. After running up the biggest deficit in six years in fiscal 2018, the U.S. government managed to increase that massive budget shortfall by 26 percent in 2019. The Treasury Department released the fiscal year 2019 budget...
Half-Trillion in One Month: Borrowing us into Oblivion

Half-Trillion in One Month: Borrowing us into Oblivion

by Mike Maharrey | Sep 27, 2019 | Current Events, Economy

The fiscal year budget deficit surged passed $1 trillion last month. Spending deficits necessarily mean more government borrowing and we’re seeing that in the numbers as well. Uncle Sam’s outstanding public debt grew by $450 billion in August alone. The national debt...
Congress Spending Surge is National Suicide

Congress Spending Surge is National Suicide

by Tenth Amendment | Aug 7, 2019 | Current Events, Economy

by Ron Paul With a national debt approaching $23 trillion and a trillion dollar deficit for this year alone, Congress last week decided to double down on suicidal spending, passing a two year budget that has the United States careening toward catastrophe. While we...
Trump Administration Spends U.S. to May Budget Deficit Record

Trump Administration Spends U.S. to May Budget Deficit Record

by Mike Maharrey | Jun 17, 2019 | Current Events, Economy

If you were thinking maybe federal government spending might slow down a bit after the national debt crossed the $22 trillion mark – well, it didn’t. Last month, the federal budget deficit came in at $208 billion, according to Treasury Department data. It was the...
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