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Feds Run Record-Breaking November Budget Deficit

Feds Run Record-Breaking November Budget Deficit

The federal government just ran the largest November budget deficit in history. And it managed this feat even with a 9 percent increase in government receipts. The November budget shortfall came in at $314.01 billion, according to the Monthly Treasury Statement. That...
Moody’s Drops U.S. Credit Outlook to Negative

Moody’s Drops U.S. Credit Outlook to Negative

Mainstream media pundits and politicians generally act unconcerned about the skyrocketing national debt and ever-growing budget deficits, but somebody has taken notice. On Friday, Nov. 10, Moody’s Investor Service lowered its outlook on U.S. government credit from...

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