government spending
Yellen Issues Debt Limit Warning to Congress – The New York Times
No kidding sherlock….how bout stop spending more than you take in and cut the size of the government? Say, who would you say is buried in Grant’s tomb? Source: Yellen Issues Debt Limit Warning to Congress – The New York Times
Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record | ZeroHedge
Source: Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record | ZeroHedge
The Midnight Bill: Unveiling the $1.2 Trillion Spending Surge
In the quiet hours of a Friday night, while most Americans slept, Congress passed a monumental spending bill—a $1.2 trillion injection into the nation’s economy. On the surface, it appears as a necessary measure to keep the government operational. However, beneath the veneer lies a complex fiscal reality that warrants closer examination. The Stealthy Move … Read more
Out of Control Goverment Spending
Government Deficits Since 2000: A Fiscal Odyssey Since the turn of the millennium, the United States government has grappled with persistent budget deficits. These deficits represent the gap between government spending and revenue, leading to a growing national debt. Let’s explore the trajectory of deficits over the past two decades. Deficits on the Rise Interest … Read more
The Vicious Cycle of Government Debt: An Analogy Unveiled
Imagine a scenario where an individual, let’s call them John Q. Public, finds themselves in a financial predicament. John needs to borrow $1000 from someone else to cover their bills for the next two months, agreeing to a 3% interest rate. Initially, John manages to pay off the interest ($15.) every six months for two … Read more