Isn’t it time the politicians and bureaucrats who run the government reined in their opiate addiction and went into rehab?
The government’s budget deficit through the first 10 months of its 2019 fiscal year now exceeds the full year deficit of $777 billion recorded in 2018.
For Americans troubled by the ongoing lack of fiscal discipline on Capitol Hill, nine other words are perhaps very scary: “We have actually now agreed on the spending numbers”.
Last December, the Congressional Budget Office generated a list of ideas for how the U.S. government could save trillions of dollars over the next 10 years.
The Congressional Budget Office has issued its Budget and Economic Outlook for 2019 through 2029, where it projects that for the next 10 years, the U.S. government’s spending and tax collections will each grow at an average annual rate of 5 percent a year.
Treasury department’s new graphic helps explain deficit.
U.S. budget deficit projected to push around $1 trillion in 2019.
The U.S. government did something in August 2018 that it has never done before. It spent $433 billion in taxpayer and borrowed dollars in a single month!
A Fox News report broadcast on November 28 supplies means of stanching the unprecedented effusion of budgetary red ink overseen by presidents George W. Bush and Barack Obama. In that report, talking-head Chris Wallace interviewed Jeffrey Post, curator of the gem and mineral collection at the Smithsonian Institution’s Museum of Natural History. The story...
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How about this as an amendment to the Constitution of the United States? Amendment 28: Section 1: The president shall determine the dollar amount of total federal outlays prior to the passage of the budget. Congress must allocate outlays to remain within this dollar limit. Section 2: The presidential budget cap can be exceeded...
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