Republicans Join Democrats in Spending Boondoggle

Republicans have been complaining about Democrats spending too much money. But the $1 trillion infrastructure bill currently under debate (all 2,702 words of it) is being touted as “bipartisan.” That means Republicans have signed off on this. This tells me...

We Don’t Really Need a “Debt Ceiling”

Brace yourself. We’re in for another “debt ceiling” battle on Capitol Hill. But we don’t even really need a borrowing ceiling. There’s one built into the Constitution. It’s the enumerated powers. They would naturally limit borrowing...
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...