Tag: Budget Deficit
Rushing Toward the Fiscal Cliff

Last week President Biden signed the $1.9 trillion COVID relief bill, which among other things will provide direct payments of $1,400 to many Americans, and extend a financial supplement to unemployment payments. It’s difficult to comprehend numbers as big as $1.9 trillion, but here are some ways to think about it. The US population...
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COVID-19 and the Budget Deficit

The U.S. Treasury Department has just released the final statement for its 2020 fiscal year. I knew going in it was going to be bad because of the impact of COVID-19. Having now seen it, all I can say is that how bad it is, is a thing to behold. It is the most...
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Can the Fed Handle the Next Financial Catastrophe Arising from Politicians’ Addiction to Spending?

Isn’t it time the politicians and bureaucrats who run the government reined in their opiate addiction and went into rehab?

U.S. Government Sets New Records for Spending and Revenues

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.

The Scariest Words in Washington, D.C.

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”.

The CBO’s Ideas for Saving Money

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.

CBO: Autopilot Spending To Send National Debt Soaring

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.

Leviathan and the Budget Deficit

Treasury department’s new graphic helps explain deficit.

Bolton: National Debt Constitutes “Economic Threat”

U.S. budget deficit projected to push around $1 trillion in 2019.

The Silence of the Deficit Hawks

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!

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org