deficit
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ConstitutionGovernmentPolitics
A Deficit of Clear Thinking About Loss of Freedom
by Richard Ebeling August 10, 2021Government budget deficits continue on America’s fiscal horizon as far as the eye can see, but they are merely symptoms of a deeper deficit that is lacking in clear thinking on the underlying increases in the size and scope of government.
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ConstitutionEconomicsGovernmentPolitics
To End Budget Deficits, Restrict Political Pickpockets
by Richard Ebeling March 22, 2021It should not be too surprising that with this amount of government spending a sizable percentage of the U.S. population receives monies from Uncle Sam in one form or another.
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Budgets/Taxes
Congress Must Reform Its Budget Process, But Not Like This
by Barry Poulson November 1, 2018Almost all Americans agree that the process to pass a federal budget has become more difficult than scaling Mt. Everest.
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EconomicsFeatured
When Will the Music Stop? No One Knows, But When It Does the Bill to Taxpayers Will Be Huge
by Todd Gabel October 8, 2018It has been said that economists have predicted “nine of the last five recessions,” or words to that effect, suggesting that the “dismal science” can’t be trusted.
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Budgets/Taxes
Should We Watch Wile E. Coyote Go Off the Cliff?
by Barry Poulson and John Merrifield September 18, 2018For generations, one of the great joys in life has been watching Roadrunner cartoons, during which the Roadrunner always manages to find a way to trick Wile E. Coyote into running off a massive cliff.
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Budgets/Taxes
Is a Financial Crisis Inevitable?
by Barry Poulson and John Merrifield August 23, 2018How debt is shaping up to be our undoing.
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Budgets/Taxes
NASA: Sometimes A Little Government – Saves Us All A Whole Lot Of Government
by Seton Motley July 26, 2018I’m incessantly harangued by pin heads – about everything.
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Budgets/TaxesEconomicsGovernment
Illinois Is Better Off Bankrupt
by Barry Poulson and John Merrifield June 20, 2018Illinois now has the worst credit rating in the municipal bond market. Moody’s Investment Services pegs Illinois’ debt at Baa3, and it could further downgrade that credit rating later in 2018.
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Budgets/TaxesGovernment
An Alternative to Federal Infrastructure Investment
by Barry Poulson February 20, 2018President Donald Trump has proposed a trillion-dollar plan for infrastructure investment.
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Budgets/TaxesFeatured
It’s Time To End Congress’ Budget Shenanigans, Focus On Growth Policies
by Lennie Jarratt and Chris Talgo February 15, 2018The federal government has a spending problem, not a revenue problem.
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Budgets/TaxesEconomics
The Debt Ceiling Hysteria and Profligate Government
by Richard Ebeling February 9, 2018Once 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 to continue borrowing due to the official debt ceiling.
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Budgets/Taxes
How Millennials Can Help Reduce The Federal Deficit
by Lindsey Stroud December 12, 2017Since February 2017, the federal deficit has grown by more than $500 billion, to over $20 trillion. The average debt owed per person is now estimated to be greater than $62,000.
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Budgets/Taxes
A New ‘Grand Bargain’ For Americans To Reduce U.S. Debt
by Barry Poulson and John Merrifield October 11, 2017A Grand Bargain would be a restoration of the balance between the federal government, the states, and the people, as it was envisioned in the 10th Amendment to the Constitution.