President Trump’s claim this week that his tariffs will enable the government to start "paying down" large amounts of the federal debt is wrong for a very simple reason: It is impossible to reduce
While candidates trade jabs as Tuesday’s primary election approaches, a new debate is brewing on the federal budget and deficit.
Ben Bernanke, Henry Paulson and Timothy Geithner played central roles in dealing with the financial crisis 10 years ago that stunned the nation and threatened economic disaster.
“It is totally irresponsible that nobody is focusing on the debt, because it is our biggest problem,” said former Congressman Chris Shays.
The latest episode of Facing the Future is all about you, our listeners.
“When you are in power... you are hesitant to change the status quo because you don’t know what the consequences may be,” said former U.S. Rep. Charlie Bass.
The federal government is on course to add trillions of dollars to its debt over the next decade even as many national priorities are neglected.
A large National Debt creates a drag on the economy and many times leads to lower wages and thus a lower standard of living.
Uncle Sam just got a fiscal health check-up from the Government Accountability Office (GAO) and it didn’t go well.
This is a guest post by Concord Coalition intern Rob Ryan