Big-Spending U.S. Government Running Recession-Like Budget Deficits

With two months left to go, the deficit for fiscal 2023 now stands at $1.61 trillion, after the federal government charted another massive shortfall in July.

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2023 Budget Deficit Already Bigger Than Last Year’s

This is an unsustainable trajectory, especially in a high-interest rate environment.

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The Debt Ceiling Deal Solved Nothing; It Made Things Worse

With the debt ceiling deal done, most people think, "Problem solved." But the deal didn't solve anything. In fact, it made things worse.

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A Massive National Debt Steals Our Independence

Thomas Jefferson called the public debt, “the greatest of the dangers to be feared.” As he put it, we have a choice “between economy and liberty, or profusion and servitude.”

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Feds Take Up Where They Left Off; Run Another Big Deficit to Start Fiscal 2023

The spending didn't slow down as we kicked off fiscal 2023. The Biden administration blew through $406.37 billion in October.

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Despite Historically High Tax Receipts Feds Still Digger Deeper into Debt

The federal government is rolling in dough. But it's digging itself deeper into debt.

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