budget

For decades, the state that has been dominated by one-party that has been laying the foundation for a budget catastrophe.

In Uncle Sam’s 2020 fiscal year that began on October 1, 2019, it is estimated that the federal government will spend around $4.4 trillion, of which about $1 trillion will be with borrowed money to cover the budget deficit of that amount.

Sen. Elizabeth Warren, like most of the Democrats running for the party’s 2020 presidential nomination, is all-in on Medicare for All (M4A).

The House of Representatives’ Democrat majority FY2020 budget includes refunding the Congressional Office of Technology Assessment.

The federal government is constantly setting new records for income tax money fleeced from We the People.

Heartland’s Donald Kendal, and Jim Lakely are joined by Isaac Orr in episode #189 of the In The Tank Podcast. Today’s episode features work from the Property & Environment Research Center, the American Enterprise Institute, the Reason Foundation, and The Heartland Institute.

Colorado is a swing state, and Broomfield County, where I live, has an unusually diverse electorate, with roughly equal shares of Republicans, Democrats, and unaffiliated voters.

In 2018, all federal appropriation bills (with bipartisan support) have passed out of their respective committees.

How debt is shaping up to be our undoing.

In case you have missed them since the early years of the Obama administration, the $1 trillion-a-year federal budget deficits are coming back, beginning with Uncle Sam’s new fiscal year for 2019, which starts on October 1, 2018. And they might not be going away anytime soon.

Truth in Accounting’s latest “Financial State of the States” rankings placed Illinois in 49th place—barely beating out New Jersey. The Prairie State was labeled a “Sinkhole State” and earned a “financial grade” of “F.”

“We could say the government spends like drunken sailors – but that would be unfair to drunken sailors. Because the sailors are spending their own money.”

The federal government has a spending problem, not a revenue problem.