by Kathryn Anne Edwards For more than two decades, America has pursued a policy as costly as the New Deal of the 1930s or the Great Society […]
Tag: federal deficit
With apologies to drunken sailors
The Biden budget deficit this fiscal year probably will exceed $1.6 trillion. This from a president who has repeatedly tried to pass himself off as a fiscal […]
A taxing time: Outrageous government spending
Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean? It’s not just being part of […]
Take seriously the threat of a fiscal breakdown
The latest projections from the Congressional Budget Office repeat a warning made many times before: The trajectory of U.S. government borrowing is unsustainable. Washington, fixated on this […]
America blew almost $2 trillion. Make it stop
by Kathryn Anne Edwards The U.S. federal budget seems out of control. Funding spats and debt-ceiling standoffs routinely threaten to force defaults and shutdowns. America’s once-unassailable credit […]
Makes economic sense to expand CTC
by Karl W. Smith Congressional leaders are reported to be close to a deal that would restore President Joe Biden’s 2021 expansion of the child tax credit […]
National debt: The sky IS falling
The headline in Tuesday’s New York Times caught my attention: “The Debt Matters Again.” The article by German Lopez draws attention to the growing problem of the […]
New speaker on to something with debt commission
Getting the nation’s soaring debt under control should be a national priority. But many special-interest groups don’t agree. Recently, newly elected House Speaker Mike Johnson told his […]
Congress fails on budget — again
The stunning rebuke of Kevin McCarthy as House Speaker is yet another indication of the dysfunction of Congress. In this case, the House Republican majority was overruled […]
The federal gov’t is a fiscal mess
Decades of excessive spending, paid with debt, are hitting America’s credit rating. On Aug. 1, Fitch Ratings downgraded the United States federal government’s rating from AAA, the […]
