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Debt

Newsflash: DC Resorts To Blindly Throwing Money at a Problem Artboard 1

There is no need to recap all the chilling COVID-19 news here other than to acknowledge that we are charting unprecedented territory. Global economic activity screeching to a halt in … READ MORE

Official Report from the Federal Government Declares U.S. Fiscal Policy “Unsustainable” Artboard 1

Last week, the Trump Administration released “The Financial Report of the Federal Government,” an annual report from the Department of Treasury and the Office of Management and Budget (OMB) that … READ MORE

Restoring Trust in Federal Trust Funds Artboard 1

For young Americans, there are few things you can trust less than a federal trust fund. Hundreds of trust funds have been set up by Congress over the years to … READ MORE

The Major Flaws in How Budget News is Covered Artboard 1

If you know anything about the annual ritual of the presidential budget release you know that it doesn’t really matter. It makes for a noisy news cycle and some political … READ MORE

The Future of the Union Artboard 1

President Trump will deliver his 3rd State of the Union address tonight. He will undoubtedly boast about the strength of the current economy. Unemployment is down, wages are up, stock … READ MORE

Generational Theft Update: Congress Adds Another $20 Trillion to Our Tab Artboard 1

Given how bleak every federal budget update has been over the last decade, it’d be really hard to make it markedly worse. And yet… The latest Congressional Budget Office (CBO) … READ MORE

The 2010s Were a Decade of Endless Spending. What Will the 2020s Be? Artboard 1

It is an unfortunate commentary on the past decade that Americans concerned with the state of the nation’s finances have few heartening reflections to look back upon. A decade that … READ MORE

Five Scary Takeaways From This Week’s Budget Reports Artboard 1

Over the last week, the U.S. Treasury and the Congressional Budget Office (CBO) have released their scheduled budget updates. Given Congress’s past year of adding more spending increases and tax … READ MORE

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NO! I’M FURIOUS! Eh, sounds right