Opinion
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Everything You’ve Heard About the Debt Limit is Wrong
Opinion -Contrary to widespread claims that the U.S. government will default on its debt if Congress doesn’t raise the debt limit, federal law and the Constitution require the Treasury to pay the debt, and it has ample tax revenues to do this. -
The National Debt Limit Equals a Balanced Budget
Opinion -Once again the United States government is rapidly approaching a fiscal debt ceiling: After March 16, 2017, Uncle Sam will not be legally allowed to borrow any more money to cover its budget deficits, unless Congress votes to raise the debt limit. -
Debt Limit Deal: Will Cuts be Phony?
Opinion -Behind closed doors, congressional leaders and the White House are discussing budget savings to tie to the upcoming vote on the federal debt limit. Republicans have promised that spending cuts must be at least as large as the debt-increase amount. -
Appeals Court Affirms Limits on Debt-Collection Robocalls
Opinion -The U.S. Court of Appeals for the Seventh Circuit ruled companies employing automatic dialing technology must receive the consent of cell-phone subscribers before attempting to contact them. -
Limitless Debt and Dollar Destruction; It’s What Our Leaders Want
Opinion -As the debate rages over raising the national debt ceiling--even House Speaker John Boehner (R-OH) is looking for a way to raise it--it’s increasingly clear that nobody in power is serious about dealing with the cause of the problem: runaway spending. -
Annual Interest on National Debt Now Eclipses Entire Military Budget
Opinion -Never should the name “Joe Biden” and the words “fiscal responsibility” be used in the same sentence. -
It’s Time to Let Citizens Vote on Any Future Debt Increases
Opinion -If citizens can vote on debt at the state and local level, why shouldn’t they have the power to vote on debt at the federal level as well? -
Life, Liberty, Property #3: Debt Threats
Opinion -Once again, the federal government’s malignant effect on the economy is our top story. Now it’s a debate over whether to raise the debt ceiling. -
More Government Debt as Far as the Fiscal Eye Can See
Opinion -Editorial -The U.S. government will, again, face an official debt limit starting on August 1, 2021, unless Congress once more raises the limit on what Uncle Sam can borrow. -
Budget-Busting Debt Ceiling Deal Strengthens Argument for Convention of States
Opinion -Editorial -Congress just gave us 1.7 trillion more reasons why a Convention of States could be our last, best hope to stop the out-of-control, debt-financed federal spending machine. -
A Paternalistic Government Solution to Payday Loan ‘Debt Traps’
Opinion -Editorial -Government paternalism consists not only of giving people things they didn’t pay for, but also in preventing people from making decisions that, in the benevolent judgment of superintending bureaucrats, aren’t in their best interest. -
Debt, Deficits and the Cost of Free Lunches
Opinion -It seems that every generation or two, fundamental economic ideas are questioned and challenged. -
Abolish the Welfare State to Solve the National Debt Crisis
Opinion -Editorial -Why is it so difficult to win the case for freedom in modern American society? -
Tied to the Mast: Connecticut Imposes a ‘Debt Brake’
Opinion -Editorial -In Homer’s Odyssey, sailors are lured to the rocky shores of an island by an irresistible siren song. To prevent his ship from succumbing to the song, Odysseus orders his sailors to fill their ears with wax and tie him to the ship’s mast. -
Will Student Loan Debt Crush Alabama’s Graduates?
Opinion -Editorial -Unfortunately, many recent college graduates report putting off buying cars or homes, saving for retirement, or marriage due to student loan debt. -
Federal Funding Deal Increases Spending, Waives Debt Ceiling
Opinion -budget-tax-news -President Donald Trump approved a congressional continuing resolution authorizing more federal spending and temporarily waiving the debt ceiling. -
The Debt Ceiling Hysteria and Profligate Government
Opinion -Editorial -Once again, the financial fears have been ratcheted up due to recent announcements by the U.S. Treasury Secretary, Steven Mnuchin, and the Congressional Budget Office (CBO) that by the middle of March 2018 the Federal government will have run out of room -
CBO: Treasury May Hit Debt Ceiling in March
Opinion -budget-tax-news -A report by the Congressional Budget Office (CBO) warns the federal government may hit the debt ceiling earlier than previously projected. -
Our Debt Crisis Calls for a New Fiscal Paradigm
Opinion -Editorial -In the coming weeks, Congress will again debate increasing the debt limit. -
Senate Leaders Announce Plans for Debt Ceiling Vote
Opinion -budget-tax-news -The U.S. Senate may vote on a plan to increase the debt ceiling before going on vacation, party leaders stated. -
Heartland Weekly: Wind Power: High Environmental Costs, Limited Energy Delivered
Opinion -News -In his speech on Wednesday at a rally in Iowa, President Donald Trump made fun of the idea that wind power could meet more than a small fraction of America’s energy needs. Was he right? -
Dare to Dream of a World Without Endless Debt-Ceiling Hikes
Opinion -Editorial -After legal limits on how much federal government debt could be issued returned in March, President Trump’s advisers began calling on lawmakers to increase the federal government’s authority to borrow and spend. -
Can a New Homestead Act Solve the Debt Crisis?
Opinion -Editorial -President Donald Trump released his full budget request, outlining priorities for this year and the subsequent decade -
Treasury Chief Calls on Lawmakers to Raise Debt Ceiling
Opinion -budget-tax-news -After legal limits on the total amount of federal government debt were reinstated in March, U.S. Secretary of the Treasury Steven Mnuchin called on lawmakers to increase the limits on the federal government’s authority to borrow and spend.