Federal deficit (page 7)

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    A rush toward bankruptcy

    Doug Bandow writes at National Review Online that the latest Congressional Budget Office report highlights disturbing news about the federal government’s solvency. The CBO just released its latest report on federal finances over the coming decade. As the agency politely put it, “projected deficits over the 2018-2027 period…
    Mitch Kokai, April 17, 2018
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    JLF Senior Fellow Garland Tucker: Looming Debt Crisis is a Crisis Of Morality

    Congratulations to JLF Senior Fellow Garland Tucker, whose analysis of our $20 trillion+ debt load has been published by Investor’s Business Daily at investors.com. He reminds us of the fiscal and moral crisis we face. Since the onset of the Great Society’s War on Poverty in…
    Donna Martinez, April 16, 2018
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    Paying attention to the latest CBO forecast

    James Capretta writes for Real Clear Policy about sobering implications of the latest Congressional Budget Office projections. The Congressional Budget Office’s latest forecast makes a convincing case that fiscal complacency is now dangerous for the U.S. economy. CBO projects the federal government will borrow an additional $12.4 trillion…
    Mitch Kokai, April 16, 2018
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    American-made weapon that could help China in a trade war

    Joseph Lawler of the Washington Examiner identifies one major weapon that would help China in a trade war with the United States. If a major trade war breaks out between China and the U.S., the Chinese government has a major weapon in the $1.2 trillion in Treasury securities…
    Mitch Kokai, April 12, 2018
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    Levin reminds us about the deficit, debt

    Recent John Locke Foundation (and N.C. State) featured speaker Yuval Levin writes at National Review Online about the latest reminder of the federal government’s long-term fiscal challenges. On Monday, the Congressional Budget Office released its annual “Budget and Economic Outlook,” which offers projections about spending, revenues,…
    Mitch Kokai, April 12, 2018
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    Spending the GOP could stop, whether Democrats like it or not

    Joseph Lawler of the Washington Examiner details steps the Trump administration and congressional Republicans could take to roll back federal spending, regardless of Democrats’ objections. President Trump and congressional Republicans could target up to about $117 billion in spending on nondefense government programs this year, leaving Democrats unable…
    Mitch Kokai, April 6, 2018
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    National Review Online Publishes Piece About Coolidge By JLF Senior Fellow Garland Tucker

    Congratulations to JLF Senior Fellow Garland Tucker. His beautifully written piece about “The Lost Art of Saying No, is published at nationalreview.com today. Tucker laments that today’s elected officials aren’t able to say no to the vast array of interest that seek federal funding and intervention, as President…
    Donna Martinez, March 29, 2018
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    What Will This Mean To Our Kids?

    President Trump hasn’t addressed federal spending and the explosion of entitlements. Here’s hoping the Freedom Caucus shows him this chart. How much longer can we sustain this? Thanks to JLF’s Joe Coletti, we know what Professor John Cogan of Stanford thinks about this. The problem is detailed in this startling…
    Donna Martinez, March 12, 2018