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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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Jefferson on Debt and Madison on Spending

Michael Boldin Two lessons for today from the 3rd and 4th Presidents. How Jefferson tackled the national debt, and how Madison dealt with Congress passing a bill for infrastructure spending.

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James Madison Vetoes Infrastructure Bill as Unconstitutional

By: Dave Benner On the last day of his administration, March 3, 1817, President James Madison vetoed the Bonus Bill of 1817 – a plan that called for the federal ...

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