The US government recently hit its $31.5 trillion debt limit after years of careening baseline spending on entitlements combined with emergency COVID-19 spending in the last few years to produce record-busting deficits. The new Republican majority...
I lost track on whether we are working on the second or third 100 days for President Donald Trump. Things are moving at warp speed. Do you remember the wall on the Mexican border? I am not sure what happened with that issue. There was talk of a...
Our Congress operates without a balanced budget. In fact they operate without a budget at all. Congressional bills and spending authorizations flow through the House and Senate and decisions are made on each— independent of any reference to...
The great G.K. Chesterton once wrote this about government: “Government has become ungovernable; that is, it cannot leave off governing. Law has become lawless; that is, it cannot see where laws should stop. The chief feature of our time is the...
To the astute reader, the signs are popping up all over and the long term economic future is looking dim. Under current law as of May 16th, the United States Treasury will be at the statutory borrowing limit and will need to use so-called...
