Tag: U.S. Government
The National Debt in the Biden Era
The U.S. government rang up another $669 billion in the national debt from January 20, 2021 through the end of its 2021 fiscal year. That’s how much extra money the federal government has had to borrow to support its excessive spending during President Joe Biden’s tenure in office. Much of that additional debt is...
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The Debt—Does Anyone Care?
The worst part about the U.S. federal debt is not how big it has become but the fact that its growth has now become so unstoppable that we now assume that piling debt on future generations is the natural thing for the authorities to do. The Congressional Budget Office estimates that by 2051 the...
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Biden Military Betrays Misguided Priorities
Carlos Del Toro, Joe Biden’s choice for Secretary of the Navy, has four priorities but only one involves protecting the United States from foreign adversaries, the sole legitimate purpose of the U.S. military. The first priority in Del Toro’s “four C’s is China, followed by culture, climate and covid. Del Toro, a failed candidate...
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Federal Regulations Explode During Coronavirus Pandemic
The Trump administration has often trumpeted its effectiveness in reducing the number of regulations that U.S. government agencies impose on regular Americans and businesses. But since the arrival of the coronavirus pandemic, the number of new regulatory restrictions issued by federal agencies and departments has exploded, reversing much of the progress the Trump administration...
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The Financial Virus Will Infect Our Politics
One does not need to be prescient to understand that the consequences of the U.S. government’s financial response to the coronavirus will be momentous. The U.S. Federal Reserve recently announced nine new “facilities” (lending programs) and its balance sheet has surpassed the $6 trillion mark. Even the maniacal asset-buying of the post-financial crisis years...
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U.S. Treasury Secretary Confirms an Inconvenient Truth: Government Has a Spending Problem
It’s not often a cabinet official acknowledges that the U.S. government has behavioral flaws, but that’s exactly what happened on January 23, 2020, when U.S. Treasury Secretary Steven Mnuchin confirmed that the U.S. government has a spending problem.
The CBO Agrees: It’s the Spending, Stupid!
U.S. Government’s long-term budget outlook released.
  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org