Debt


A Constitutional Government Could Never Spend This Much

A federal government operating with the limits of the Constitution wouldn’t need thousands of pages for its budget. This shows just how far the U.S. has drifted from its constitutional roots. Virtually everything in a president's budget is funding for an...
Some Things Never Change

Some Things Never Change

This month we have a variation on a theme – the U.S. government spends more money than it has and runs up another massive budget deficit. Some things never change. In June, the US government ran another big deficit of $174.16 billion, continuing the trend of...

The US Spending Problem Is Not Transitory

There is an ongoing debate about whether high inflation is “transitory” or rising prices are going to be more long-term and persistent. One thing for sure, the US government spending problem isn’t transitory. And that has pretty significant...