by | Nov 6, 2018

A recent poll said the rising debt in the U.S. could sway voters at the ballot box on Tuesday as residents seek candidates who will be responsible with taxpayer money. The Peter G. Peterson Foundation, which advocates for fiscal responsibility…

by | Oct 1, 2018

President Donald Trump finally figured out how to avoid those periodic PR disasters over looming government shutdowns. It turns out that if you distract the media with explosive charges involving Quaaludes, gang rape, and “boofing,” “ralphing,” “devil’s triangle,” and other…

by | Sep 25, 2018

Paul Reveres or Chicken Littles, depending upon your perspective, warn of a coming danger. The doomsday scenarios appear confined neither to an intellectual ghetto where the respectable fear to tread nor to either end of the ideological spectrum. “The Coming…

by | Aug 9, 2018

The Congressional Budget Office (CBO) released its annual budgetary forecast this week. The Washington, D.C. weathermen say storm clouds approach. Under the rosiest scenario, U.S. debt-to-GDP ratio approaches the highest level on record, about 119 percent in the aftermath of…

by | Aug 3, 2018

The nonpartisan Congressional Budget Office (CBO) has released its 2018 “Long-Term Budget Outlook.” Unfortunately for all Americans, it’s even worse than many expected. The 2018 “Outlook” is the first forecast to take into account the tax cuts and spending increases…

by | Feb 18, 2018

White House budget director Mick Mulvaney would not allow cameras into the briefing room as he outlined President Donald Trump’s budget to reporters. He explained, “This is going to be really, really boring and really, really hard.”

by | Oct 31, 2017

Recently liberals defined fiscal chutzpah by arguing high federal debt precluded tax cuts. This amazing new debt concern conveniently overlooks Barack Obama’s culpability in the calamity they now belatedly bemoan. It also implicitly sets a fiscal trap where liberals keep…

by | Sep 14, 2017

One hears junkie talk in the words of Washington. Whether jonesing for a fix of chemicals or tax dollars, addicts rarely make sense. President Trump describes the debt ceiling as “really not necessary.” Senate Majority Leader Mitch McConnell, who does…

by | Sep 12, 2017

As the national debt approached $20 trillion last week, the staggering number called for the brakes. Instead, Washington stepped on the gas. “For many years, people have been talking about getting rid of debt ceiling all together, and there are…

by | May 31, 2017

Last week, President Donald Trump released his full budget request, outlining priorities for this year and the subsequent decade. He forecasts that by 2027, assuming a 3 percent GDP growth rate, the budget would be balanced and the debt in the hands…

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