As in 2009 and 2010, it is unlikely that we will see greater prosperity in the future as a result of the 2019 budget deal.
Where the primary cause of the U.S. government’s growing deficits and national debt is concerned, it’s the spending, stupid!
Net interest on the national debt has become one of the fastest growing segments of federal spending.
The U.S. national debt has nearly reached $22 trillion, rising by nearly $500 billion since the U.S. government’s 2018 fiscal year ended on September 30, 2018.
Despite collecting record levels of revenues from taxes, somehow the Gov. is managing to increase its spending even more.
Now that the Fed has changed its policies, U.S. taxpayers will be forced to bear a larger burden in paying for the full cost national debt.
The interest due on U.S. national debt has put the gov on a course to spend more on debt than national defense.
Federal Student Loan program driving national debt.
HHS must reimburse states for unlawfully compelling them to pay the Affordable Care Act’s Health Insurance Provider Fee (HIPF).
The U.S. government has cumulatively borrowed more than a trillion dollars to be in that business of making student loans.