Growing The Debt

Politics 2 days ago

Dozens of state financial officials warn new Congress of national security implications of ignoring US debt

37 financial officers representing 27 states wrote to Speaker Mike Johnson demanding the new Congress deal with the debt crisis as it adds undue burdens to their states' solvency.

OPINION July 11

America's next national security crisis is lurking in our pocketbooks

If you already have the pedal to metal on spending and debt, you leave yourself with no room to surge spending in case there's a crisis

California March 21

California votes to spend $6.4B on homeless crisis despite spiraling debt

California voters have passed a measure to spend billions of dollars on the state’s spiraling homeless crisis despite the state's finances being in the red.

OPINION February 16

Biden's 'best economy ever' only working for these elite few

Since the pandemic, there has been a lot of gaslighting on the economy, which obfuscates the dire financial situation we find ourselves in.

Kevin McCarthy January 8

The Hitchhiker’s Guide to why the bipartisan spending agreement doesn’t necessarily avert government shutdown

Despite a much ballyhooed bipartisan spending agreement, several obstacles remain that Congress may not be able to get around and avoid a government shutdown.

OPINION November 25

The greatest hits of government waste in latest spending bill

This fake scenario of a government shutdown has meant preserving all current spending while adding new debt.

OPINION October 10, 2023

Yellen and rest of Bidenomics team ignore middle-class misery their policies create

as Federal Reserve chair and now as secretary of the Treasury, Janet Yellen has been woefully disconnected from everyday Americans and their current financial plight.

FINANCE September 28, 2023

College students struggle as US credit card debt hits a record high

U.S. credit card debt is at an all time high at $1 trillion and college students are getting hit hard due to more interest and higher APRs

SENATE September 5, 2023

Senate Republicans position for second smackdown of Biden's student loan plan

Republicans are mounting another push to stop President Biden from forgiving billions of dollars in student loan debt.

OPINION August 22, 2023

Bidenomics is working? Tell that to millions in debt and going hungry

After promising to rein in federal expenditures, Biden has shackled Americans with trillions of dollars in new spending, fueling inflation and spiking the national debt.