The Treasury Department announced last week that the budget deficit for FY 2019 grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from FY 2018. Headlines across the news […]
In 1993, when Republican House Budget Committee staffers were searching for options to include in the GOP budget alternative “Cutting Spending First”, we opened a book called “CBO Spending and Revenue Options” to find proposals […]
Decades of irresponsible, out-of-control government spending has left the United States drowning in an unprecedented level of debt. Last month, our national debt topped $22 trillion. Divided up, that comes to about $400,000 per taxpayer. […]
Just two months after last November’s midterm elections, Democratic presidential hopefuls are already lining up. And the new darling of the left, Alexandria Ocasio-Cortez, is blithely explaining her party’s outright embrace of old-fashioned socialism with […]
Think of the federal government as a gigantic insurance company (with a sideline business in national defense and homeland security), which does its accounting on a cash basis, only counting premiums and payouts as they […]
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