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
Deficits
Official Report from the Federal Government Declares U.S. Fiscal Policy “Unsustainable”
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
The Major Flaws in How Budget News is Covered
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
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
Five Scary Takeaways From This Week’s Budget Reports
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
How Do We Pay for the Medicare We Have Now?
When it comes to Medicare, the only subject circulating in the news these days is the debate over Medicare For All and whether there is any way to pay for … READ MORE
Lonely Stances for the Next Generation
News about the sorry state of America’s fiscal affairs is often so frequent and met with such an unenthusiastic response from our political leaders that the warnings appear anticlimactic. This … READ MORE
General Mattis is Worried About the Direction of Our Country. We Should Be Too.
Former Secretary of Defense and retired Marine Corps General Jim Mattis did a media circuit this week to promote the release of his new book on leadership, Call Sign Chaos. … READ MORE