Debt
Feds Take Up Where They Left Off; Run Another Big Deficit to Start Fiscal 2023
After running a $1.3 trillion deficit in fiscal 2022, the U.S. government took up right where it left off to start fiscal 2023 — running yet another big budget deficit. The October budget shortfall came in at $87.8 billion despite another month of healthy government...
Taking on the American War Machine
I recently appeared on Conflicts of Interest with Kyle Anzalone to talk about Defend the Guard legislation and the national debt. While these may seem like totally unrelated subjects, they both tie into America’s unconstitutional war machine. In the first half...
Despite Historically High Tax Receipts Feds Still Digger Deeper into Debt
The federal government is rolling in dough. But it’s digging itself deeper into debt. How can this be? U.S. tax receipts surged this year. Through August, the U.S. Treasury had collected over $4.4 trillion in revenue for fiscal 2022 with one month left to go....
The National Debt is a Calamity
Most people think a $31 trillion national debt is no big deal. The founders and old revolutionaries knew better. As the antifederalist Brutus wrote, a national debt that can never be discharged is “a calamity.” View this post on Instagram A post shared by...