The National Debt in Perspective

The National Debt in Perspective

U.S. government borrowing and spending never stops. The federal government ran another big deficit in June, as the national debt inches closer to $35 trillion. $35 trillion. Trillion with a ‘T.’ That’s an unfathomable number. It’s meaningless...
Feds Run Record-Breaking November Budget Deficit

Feds Run Record-Breaking November Budget Deficit

The federal government just ran the largest November budget deficit in history. And it managed this feat even with a 9 percent increase in government receipts. The November budget shortfall came in at $314.01 billion, according to the Monthly Treasury Statement. That...