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The Federal Government Has a Negative Net Worth of $21.5 Trillion

The Federal Government Has a Negative Net Worth of $21.5 Trillion

by Mike Maharrey | Apr 15, 2019 | Debt

The net worth of the U.S. federal government comes in at negative $21.5 trillion. This according to the Financial Report of the United States Government recently released by the U.S. Treasury Department. The report is a summary of the financial condition of the United...
Spend, Spend, Spend: Feds Up Borrowing Projections for Jan-March Quarter

Spend, Spend, Spend: Feds Up Borrowing Projections for Jan-March Quarter

by Mike Maharrey | Jan 29, 2019 | Economics

You might think the partial government shutdown at least saved Uncle Sam a little bit of money. But nope. In fact, the U.S. Treasury Department has upped its borrowing estimate for the first three months of 2019 as the Trump administration continues to send us into...
Trump Administration Manages Sixth-Largest Single-Year Debt Increase in U.S. History

Trump Administration Manages Sixth-Largest Single-Year Debt Increase in U.S. History

by Mike Maharrey | Oct 2, 2018 | Current Events, Economics, Federal Funding

WASHINGTON (Oct. 2, 2018) – America has a major spending problem. 2018 was one of the worst in history. Sept. 30 marked the end of the federal government’s 2018 budget year. According to data released by the U.S. Treasury Department, the federal debt grew...
Tenther Tuesday Episode 42: Unfettered Spending and Ubiquitous Spying

Tenther Tuesday Episode 42: Unfettered Spending and Ubiquitous Spying

by Mike Maharrey | Sep 25, 2018 | Audio/Video, Federal Funding, Surveillance, Tenther Tuesday

Today is day 614th day that the GOP has failed to repeal Obamacare, or gun control, or end mass, warrantless surveillance or… But it has set new spending records. On this episode of Tenther Tuesday, Michael Boldin and Mike Maharrey discuss the massive amount of...
Podcast: A Federal Debt Spiral and Delusional Trump Supporters

Podcast: A Federal Debt Spiral and Delusional Trump Supporters

by Mike Maharrey | Sep 18, 2018 | Audio/Video, Thoughts from Maharrey Head

I’ve come to a conclusion: there is a segment of Trump supporters out there who are delusional. They are so blinded by the cult of personality that they can’t objectively look at reality. Last month, the Trump administration broke the one-month record for...
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