EconomyCommentary
It’s Long Past Time to Confront the Exploding National Debt
The median age in the United States in 2023 was 39.1 years, according to the Census Bureau. That means that approximately half the people in… Read More
EconomyCommentary
The median age in the United States in 2023 was 39.1 years, according to the Census Bureau. That means that approximately half the people in… Read More
PoliticsNews
It’s back to the drawing board for House Speaker Mike Johnson. On Wednesday, the House failed to pass the continuing resolution spending bill, with the… Read More
PoliticsNews
House Speaker Mike Johnson announced Tuesday morning that the House will move forward with a vote on Wednesday on a continuing resolution to fund the… Read More
EconomyCommentary
While America’s attention has been focused on the presidential election, one of the greatest challenges facing the nation has continued to worsen. On Friday, the… Read More
PoliticsCommentary
While Americans attempt to grapple with the ongoing chaos of the 2024 election, House Republicans have been quietly doing the work of putting together and passing spending… Read More
EconomyCommentary
Since President Joe Biden was inaugurated, the federal debt has increased by more than $7 trillion. On Jan. 20, 2021, the day of Biden’s inauguration,… Read More
PoliticsCommentary
Maybe you’ve heard that our national debt has topped $34.7 trillion. But what does that really mean for you and your family? The number is… Read More
EconomyCommentary
Suppose that a typical American family that spends about $73,000 per year was budgeting for next year and realized it spent an increasing amount—$4,600 last… Read More
EconomyCommentary
A large tax increase is scheduled to hit almost all taxpayers at the end of next year—that is, unless Congress comes up with, and agrees… Read More
EconomyCommentary
Inflation has been a top concern for Americans for years. This is understandable: Inflation-adjusted earnings have declined by thousands of dollars in recent years, putting… Read More
EconomyCommentary
President Joe Biden released his proposed budget for fiscal year 2025 on Monday. There’s something in his budget for everyone—everyone who loves tax hikes, that… Read More
PoliticsCommentary
We’re in a new year, but the headlines from Capitol Hill feel old. Once again, Congress has been debating its annual spending bills. And once… Read More
EconomyNews
The U.S. government and those of other countries could be using higher inflation to lessen the value of growing public debt resulting from increased spending… Read More
PoliticsCommentary
In May 2023, when then-Speaker of the House Kevin McCarthy negotiated a debt limit deal that included spending limits, the gross national debt stood at… Read More
PoliticsCommentary
Americans are strongly dissatisfied with the direction of the country and the economy. According to Gallup, just 19% of the public is satisfied with how… Read More
EconomyCommentary
The credit rating agency Moody’s last week downgraded its assessment of the federal government’s debt outlook to “negative.” The move Friday followed the Fitch agency’s… Read More
PoliticsCommentary
With the start of fiscal year 2024 just days away on Oct. 1, and with no federal budget approval in sight, a continuing resolution again… Read More
PoliticsCommentary
Perhaps the single biggest legislative fight this year has been over federal spending. There’s a good reason for that: The national debt is now an… Read More
EconomyNews
Amid tenacious inflation and low approval ratings, President Joe Biden touted “Bidenomics” as the best economic path forward before a Chicago audience. “Guess what? Bidenomics… Read More
PoliticsCommentary
American families must find ways to pinch pennies every day, especially in the face of massive inflation since the start of the Biden administration. In… Read More
PoliticsCommentary
Democrats and Republicans reached an agreement to lift the debt ceiling, and nothing is going to change in the disturbing pattern of America’s national debt… Read More
PoliticsCommentary
As negotiations over the debt limit continue to dominate headlines in Washington, the central focus of the back-and-forth between Democratic President Joe Biden and House… Read More
PoliticsCommentary
Following a number of rounds of discussions between House Republican officials and the Biden administration, the two sides still haven’t reached an agreement on increasing… Read More
EconomyCommentary
During President Barack Obama’s first term, there was a massive spike in the annual deficits run up by the federal government. In fiscal 2008, which… Read More
EconomyCommentary
“If you buy a car,” White House press secretary Karine Jean-Pierre explained the other day, “you are expected to pay the monthly payment. … It’s… Read More
PoliticsCommentary
The U.S. government has long been a spendthrift. It spends more than it takes in—now more than ever. The national debt has ballooned to a… Read More
EconomyCommentary
As Americans deal with an economic hangover of high inflation and rising interest rates caused in large part by Washington’s irresponsible spending spree, House Republicans… Read More
EconomyCommentary
The recently released Biden administration budget for 2024 was layered with problems. It doesn’t take the surging size of the national debt seriously; it views… Read More
SocietyCommentary
Focus. That’s the one thing that too many American institutions cannot do these days. Companies, government agencies, and professional groups neglect their basic duties. Instead, they… Read More
PoliticsCommentary
The Biden administration on Thursday released an outline for its fiscal year 2024 budget. As expected, it promotes the same swampy, big-government agenda as last… Read More