Blog posts

Blog Post

$20 Trillion and Counting

January 10, 2017

As of Friday, September 8, the total debt of the United States government topped $20 trillion.

That eye-catching number should prompt all of us to reflect on what the growing debt means for future generations (a lot) and whether our elected officials have a plan to deal with it (they don’t).

Blog Post

Some GOP Leaders Encourage Offsets for New Proposals

December 20, 2016

Senate Majority Leader Mitch McConnell made headlines recently when he suggested that the GOP must pay for its campaign promises, stating his preference for “deficit-neutral” tax cuts and offsets for new spending.

“I think this level of national debt is dangerous and unacceptable,” McConnell said.

 As a candidate, Donald Trump frequently mentioned the size of the debt, but some of his more popular proposals threaten to grow it even larger. Analyses of Trump’s proposed tax cuts, for example, put the cost at $3 trillion to $6 trillion.

Blog Post

Debt Is a No-Show at First Debate

September 27, 2016

The first segment of the first presidential debate between Democrat Hillary Clinton and Republican Donald Trump was dedicated to achieving prosperity.

That provided an opportunity for the moderator to ask about -- and the candidates to talk about -- their respective plans for putting the nation’s projected debt on a sustainable path. It’s hard to see how prosperity can be achieved, or long maintained, with a debt that is projected to reach unsustainable levels.

Unfortunately, the subject was not discussed.