Big-Spending U.S. Government Running Recession-Like Budget Deficits
To hear President Joe Biden tell it, the U.S. economy is booming. Meanwhile, the federal government is running monthly budget deficits that you would normally see during a deep recession. With two months left to go, the deficit for fiscal 2023 now stands at $1.61...
2023 Budget Deficit Already Bigger Than Last Year’s
The U.S. government ran a $227.77 billion deficit in June, pushing the total fiscal 2023 shortfall to $1.393 trillion, according to the Monthly Treasury Statement for June. There are still three months left in this fiscal year. The budget deficit for the entirety of...
The Debt Ceiling Deal Solved Nothing; It Made Things Worse
With the debt ceiling deal done, most people think, “Problem solved.” But the deal didn’t solve anything. In fact, it made things worse. View this post on Instagram A post shared by Tenth Amendment Center (@tenthamendmentcenter) For More Information...