Debt
More of the Same: Feds Run Another Big Budget Deficit in August
Some things never change — such as the federal government spending more money than it has month after month after month. August was no different. The U.S. government ran a massive $219.6 billion budget deficit last month, according to the latest Monthly Treasury...
We’re Hosing Our Kids
When we allow the government to tax, borrow and print money for all of its unconstitutional act, we’re not just screwing ourselves. View this post on Instagram A post shared by Tenth Amendment Center (@tenthamendmentcenter) For More Information Thomas...
Feds Run Second-Biggest July Deficit in History
The U.S. government is addicted to spending money. And the Federal Reserve is Washington D.C.’s pusher. When we talk about inflation, we usually focus on money creation by the Fed. After all, that is the definition of inflation. But the Fed has to keep creating money...
Influx of Tax Revenue Papering Over Federal Government Spending Problem
The federal government ran an $88.8 billion budget deficit in June. That was up nearly $22 billion from the previous month, according to the latest Monthly Treasury Statement. And this is supposed to be good news? After running a budget surplus in April thanks to an...