Budget Deficits Archives - The American Spectator | USA News and Politics
by | Jan 14, 2023

Can newly installed House Speaker Kevin McCarthy deliver on the promises and deals that he floated on his tortured journey to claiming the gavel? Team GOP’s handshake spending plan includes two goals — to cap discretionary spending in fiscal year…

by | Nov 23, 2022

SACRAMENTO — California’s state budget has been awash in cash, as lawmakers this year enjoyed a $97.5 billion budget surplus — an excess amount that’s larger than the entire general-fund budgets of all but two states (New York and Texas). As…

by | Aug 11, 2022

For a few years, I have sounded the alarm that a growing wave of conservatives is working to make Republicans indistinguishable from Democrats on social spending. Some say that to win elections, Republicans need to pay more attention to families…

by | Aug 1, 2019

Bipartisanship, a rare commodity in 21st-century Washington, returned to the Capitol this past week. Democrats and Republicans came together to put Americans further into debt. The House of Representatives voted to suspend the debt ceiling until March of 2021. The…

by | Jul 24, 2019

House Speaker Nancy Pelosi (D-Calif.) and the Trump administration on Tuesday arrived at a budget and debt agreement for the next two years. The deal will reportedly increase spending in both defense and non-defense areas and suspend the debt ceiling until…

by | Jun 20, 2019

Congress can’t stop spending money. Even on projects that the Trump Administration does not want or need. Right now, the federal government is carrying over $22 trillion in national debt with trillion-dollar annual deficits projected, yet they can’t stop spending…

by | Feb 20, 2019

Just three months after last November’s midterm elections, Democratic presidential hopefuls are already lining up. And the new darling of the left, Alexandria Ocasio-Cortez, is blithely explaining her party’s outright embrace of old-fashioned socialism with the self-assured assertion that the…

by | Jan 11, 2019

The question of questions: Why did we have so much volatility in the financial markets in the Fall and early Winter? This was extreme volatility by any measure. The fact that it happened while the U.S. was in an extreme…

by | Dec 28, 2018

They say that a room full of monkeys banging on typewriters for an infinite amount of time can churn out a work of Shakespeare, but 1,200 auditors closely examining the Department of Defense’s (DOD) books can’t miraculously make the bloated…

by | Apr 27, 2018

The Liberals’ latest anti-tax cut crusade amounts to the pot calling the kettle black. Their goal is two-fold: Obscure Obama’s poor fiscal and economic record, while undermining tax cuts as a means of reversing it. They desperately need to do…

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