Election season is getting into gear, and that means politicians of all stripes making promises about what they’ll do for the American people if elected or reelected. I’d like to hear promises to get government out of the way and…
“McCarthy’s Embarrassing Stumble,” editorial cartoon by Yogi Love for The American Spectator, June 4, 2023.
President Joe Biden and House Speaker Kevin McCarthy spent weeks of negotiating to authorize $4 trillion in new deficit spending over the next two years. This means that our national debt will be $35 trillion in 2025. The interest cost…
The debt-ceiling standoff has people concerned about what will happen if the U.S. defaults on its debt. I certainly hope both sides will come together to avoid this outcome. But it is still worth reminding everyone how incredibly precarious the…
There is absolutely no risk that the United States will default on the national debt, unless President Joe Biden takes this unprecedented, disastrous step in order to sock it to his enemies, “the mega-MAGA Republicans.” Revenues pouring into the U.S….
Barely two weeks ago, it didn’t look like House Speaker Kevin McCarthy had enough votes to pass a bill to increase the limit on the U.S. national debt. On April 19, when the California Republican released the Limit, Save, Grow…
Junkies jonesing for a fix say anything to satisfy their addiction. Big-government addict Janet Yellen, who unfortunately also serves as secretary of the treasury (dangerous combination, that), wants more of her drug of choice, which, in her case, means money…
If you read news coverage about the brewing battle over raising the debt ceiling, you might think it’s a fight between demons and angels. On one side, you have Republicans who are willing to risk a default on the government’s…
Last month, President Joe Biden unveiled his proposed 10-year budget plan. The dollar figures are eye-popping: $17 trillion dollars in additional debt. The previous 10-year period, 2013 through 2022, saw the national debt rise by an unprecedented $14 trillion, an…
