Tag: federal debt

The Federal Student Loan Fiasco »

$1.2 trillion borrowed to fund Federal Direct Student Loan Program.

The Return of Trillion Dollar Deficits »

Federal Student Loan program driving national debt.

The Federal Budget in Plain English »

According to the President’s Office of Management and Budget, the 2016 federal budget looks like this (p. 115): Now let’s pretend this is a household budget by removing eight zeros: Clearly, this family is financially irresponsible, as rising debt and debt-service costs consume the family budget. To continue the analogy with the federal government,...
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Robert Higgs Is Interviewed on The Peter Schiff Show on the Folly of Government Interventionism »

Senior Fellow Robert Higgs is interviewed here by Thomas Woods on “The Peter Schiff Show.” Dr. Higgs discusses how the federal government prolonged and deepened the Great Depression of the 1930s that lasted until after World War II when such policies were either ended or radically reduced. Moreover, the current attempts at central-government planning...
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Emily Skarbek Is Interviewed on the Government Cost Calculator on Reason TV »

Independent Institute Research Fellow Emily Skarbek is interviewed here by Nick Gillespie of Reason TV regarding the Institute’s very timely and far-reaching Government Cost Calculator. The Calculator enables any American to clearly understand three aspects of federal government spending. First, the Calculator helps you determine how much a person will pay for various federal...
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MyGovCost.org Director Emily Skarbek Talks Tax Cuts and the Government Cost Calculator »

[audio:2010_11_15_skarbek_madmiddle.mp3] Download mp3 file. The Government Cost Calculator is a project of the Independent Institute’s Center on Entrepreneurial Innovation. To find out what Washington’s spending spree is costing you, please go here!

Dr. Emily Skarbek Talks about the Government Cost Calculator on Taking Back America »

Dr. Emily Skarbek, Director of the Independent Institute’s Government Cost Calculator was interviewed on the nationally syndicated, web, radio blog, “Taking Back America”. During the interview, Dr. Skarbek uses MyGovCost.org to explain the specific effects of rampant government spending for any individual in America. Dr. Skarbek illustrates how an individual can find out what...
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The Jason Lewis Show Interviews Emily Skarbek on the Government Cost Calculator »

Dr. Emily Skarbek, Director of the Government Cost Calculator was interviewed on the nationally syndicated radio program, “The Jason Lewis Show” (Premiere Radio Networks). In the program, Dr. Skarbek uses MyGovCost.org to explain the specific effects of rampant government spending on the personal situation for any individual in America. [audio:2010_09_29_skarbek_lewis.mp3] Download audio file (18...
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Romer’s Research: Expiration of Bush Tax Cuts Will Be Highly Contractionary »

Christina Romer, Chair of the President’s Council of Economic Advisers and economics professor at the University of California at Berkeley, has published an article (co-authored with David Romer) in the June 2010 issue of the American Economic Review titled “The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks.”...
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“The Biggest Threat We Have to Our National Security Is Our Debt” »

Says Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff. Mullen notes that within two years the annual interest on the debt will be almost as much as the bloated annual Department of Defense Budget of $700 billion. Well said. Even better if Mullen would have pointed out that the debt is only...
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