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President Obama Proposes Spending $90 Million On New Agency

Just so we are all clear, we do have a national debt that is over $14 trillion and growing every day and as a result, we have a major budget crisis. In plain, simple terms, this means we are spending...

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We’re Still in Trouble with Paul Ryan’s Baby-Step Budget

I performed a quick analysis of the GOP’s budget proposal, and it still leaves us on a terminal debt trajectory. I give Paul Ryan credit for putting forth a serious budget proposal that deals with our...

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President Obama’s Debt Failsafe Includes Raising Taxes

When I wrote about President Obama’s plan to reduce the deficit last week, not much was known about the plan, other than it would surely include a tax raise for the wealthiest Americans. The President...

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Our Debt Problem Is Worse Than Our Deficit Problem

Last week Lawrence B. Lindsey published an excellent editorial, The Deficit Is Worse Than We Think. While I agree with Lindsey’s three main points—each an example of overly optimistic forecasts by...

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More Reasons Why Our Deficit Problem Is Worse than We Realize

Two weeks ago I discussed how “hidden debt” isn’t included in official deficit figures, which means that debt projections, as dismal as they are, are unrealistically low. I estimated that an extra $2...

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2011 Spending Highest in Human History – We’re Going the Wrong Way!

We'll be lucky if it's only this bad... The CBO released preliminary FY 2011 budget numbers on Friday, and federal spending came in at $3.600 trillion, with a deficit of $1.298. Both are higher than...

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Democrats Do Not Want A Balanced Budget Amendment

Is there any disagreement among us that the most pressing issue our country is facing is the national debt and deficit? I seriously doubt there is. If you question this assessment, take a moment to...

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2012 Is About The Debt Stupid

I think it is safe to say, most presidential elections center around one issue or the other. Sometimes, it is the social issues, such as abortion, that command our attention. If we happen to be in the...

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The Federal Debt Is Alive And Kicking

It has been some time since this topic has been discussed. You see, 2014 has been a year of changed focus. Much of the year has gone by with us focused on the very real threat of Islamic terrorists...

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