budget
The Striking Reason Why The US Just Spent A Record $429 Billion In One Month
On Thursday morning the CBO released a surprisingly upbeat assessment of Donald Trump’s proposed budget, calculating that it would cut the cumulative US deficit by 30% over the next decade, preventing the US debt from spiraling out of control (even further). That however. may be an overly optimistic assessment, especially following the release of the latest monthly…
Read MoreThe Worst Financial Nightmare In Illinois History Erupts As State Comptroller Declares ‘We Are In Massive Crisis Mode’
Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in the state of Illinois right now. At this point, the Illinois state government has more than 15 billion dollars of unpaid…
Read MoreThe Democrats Won This Round, And It Wasn’t Even Close…
We have just witnessed one of the greatest routs in modern American political history. We are still waiting to see if a spending agreement can be reached so that a government shutdown at midnight on Friday can be averted, but whether a shutdown actually happens or not, the Democrats have won this round by a…
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