They Are Lying About the Debt Ceiling
Don’t be surprised — they’re lying to you! There is no debt ceiling! Once the political theater has played out, Congress will raise the debt ceiling. This is part of a much deeper problem. View this post on Instagram A post shared by Tenth Amendment...
Feds Take Up Where They Left Off; Run Another Big Deficit to Start Fiscal 2023
After runningย a $1.3 trillion deficit in fiscal 2022, the U.S. government took up right where it left off to start fiscal 2023 โ running yet another big budget deficit. The October budget shortfall came in at $87.8 billion despite another month of healthy government...
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....