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…
Pretending debt doesn’t matter
The federal government’s years-long debt binge has left the country more than $28 trillion in the hole with no sign, from either major political party, that the borrowing will stop….
The Nation’s Growing Debt Pile and a Lesson From History
The Biden administration’s $6 trillion spending wish list would add substantial new layers to the nation’s already massive pile of debt. Even with the president’s proposals to raise taxes, much…
The $1.9 Trillion Relief Package Could Add Trillions More to the Debt
The $1.9 trillion relief package Democrats are sending to the president’s desk for approval isn’t just a potential inflation catalyst. It could also add upward of $4 trillion to the…
Federal Government Reaches Ugly Post-WW2 Milestone: Debt Bigger Than GDP
Article from For Liberty by Norm Leahy. The federal government is about to hit a regrettable post-World War II milestone, as government debt will meet, or exceed, the size of…
The Mountain of Debt Gets Even Bigger
Article from For Liberty by Norm Leahy. While Congress is squabbling over a fourth round of fiscal stimulus, elsewhere, there’s a growing concern that propping up the economy in the…
Get Ready for Round Four of Government Bailouts
Article from For Liberty by Norm Leahy. The federal government is only just beginning to distribute the more than $2 trillion if funds from the third round of government relief…