Tag: Public Debt

An Ugly Hockey Stick of Student Loan Debt »

The U.S. government has cumulatively borrowed more than a trillion dollars to be in that business of making student loans.

California’s Immoral Mountain of Debt »

California Gov. Jerry Brown has proposed a $155 billion state-spending plan for fiscal year 2014-15, which includes billions to pay down debts. Unfortunately, Brown’s debt proposal doesn’t go nearly far enough. In the proposed budget, Brown said: In 2011, the Wall of Debt’s level of outstanding budgetary borrowing totaled $34.7 billion.... The debt has...
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