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Newsflash: Social Security and Medicare Still Going Broke

By: Mike Maharrey Last year, Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. This shouldn’t come as a ...

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This is a Debt Spiral

By: Mike Maharrey The U.S. federal government has spun into a death-spiral. Or perhaps we should call it a debt-spiral.  According to the Committee for a Responsible Federal Budget president ...

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The Federal Government Has a Negative Net Worth of $21.5 Trillion

April 16, 2019 Debt / Deficit / Government / Spending 0

By: Mike Maharrey The net worth of the U.S. federal government comes in at negative $21.5 trillion. This according to the Financial Report of the United States Government recently released by the U.S. Treasury ...

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How Thomas Jefferson Dealt with the National Debt

April 12, 2019 Debt / Deficit / Spending 0

By: Michael Boldin A massive federal debt is nothing new. But how they deal with it today is totally different. "I sincerely believe... that the principle of spending money to ...

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Republicans and Democrats are Awful on Spending: Good Morning Liberty 04-03-19

April 4, 2019 Debt / Deficit / Spending 0

By: Michael Boldin While some people believe that the GOP is the “lesser of two evils” when it comes to funding big-government programs, the numbers show something different. When it ...

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The Next Step in Social Security’s Ponzi Scheme

by Gary M. Galles, Mises Institute On January 30, Rep. John Larson and 200 Democratic co-sponsors introduced the Social Security 2100 Act. Portrayed as giving retirees long-overdue benefit increases, it ...

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Trump Administration Runs Biggest Monthly Deficit in History in February

March 27, 2019 Debt / Deficit / Spending 0

By: Mike Maharrey The Trump administration ran an all-time record deficit of $234 billion in February, according to a Treasury Department report released on Friday. According to Business Insider, the February 2019 deficit ...

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Fiat Money and the Promise of Cryptocurrency

by John O. McGinnis Last weekend, I spoke at the Federalist Society Student Convention on the subject of cryptocurrency. When I became a member of the small band that was ...

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Presidential Budgets: When A Cut isn’t a Cut

March 21, 2019 Debt / Deficit / Government / Spending 0

By: Mike Maharrey Remember when a budget cut was actually a cut in spending rather than a cut in the expected increase in spending? President Trump’s proposed budget calls for ...

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War Spending Is Bankrupting America

By: John Whitehead Our nation is being preyed upon by a military industrial complex that is propped up by war profiteers, corrupt politicians and foreign governments. America has so much ...

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