GAO: Uncle Sam’s financial statements are a mess
The Government Accountability Office (GAO) recently released its annual audit of the federal government’s financial statements. The verdict? Pretty much as you would expect: …much work remains to improve federal…
Rising rates will collide with rising entitlement deficits
It’s no longer a secret: interest rates are going up, and when they do, the cost of borrowing for everyone will rise. That includes borrowing costs for the federal government,…
Our $30 trillion national debt
The U.S. hit a grim milestone at the beginning of the month: the national debt topped $30 trillion. And with interest rates on the rise to combat inflation, the cost…
As interest rates get set to rise, Uncle Sam is unprepared to handle the fallout
With the new year in fiscal recklessness and folly underway, it’s worth recalling that, as the Federal Reserve starts raising interest rates, Uncle Sam’s balance sheet will get even worse….
Biden’s misguided fight against phantom monopolies will only further damage the economy
More evidence that the Biden administration has no idea what’s causing inflation, but is determined to look busy stopping it? Using the federal government’s antitrust enforcers to stamp out alleged…
Inflation Could Define our Future
Article from For Liberty by Norm Leahy. The federal government will run its first multi-trillion dollar deficit this year, due largely to massive spending on coronavirus relief, and also in…
