Yes, President Trump’s cuts to the government are real and they are just the beginning

Over the past week, following the Senate’s passage of the first rescission bill and the Supreme Court’s tacit approval of President Trump’s proposed reorganization of several federal agencies, we finally have some real data about the extent of these cuts and they are meaningful. Before the Big Beautiful Bill was signed into law on the… Continue reading Yes, President Trump’s cuts to the government are real and they are just the beginning

Debt ceiling winners, losers, and random thoughts on our fiscal future

No one should be under the illusion the debt ceiling deal does anything except increase spending.  Even if Congress follows the terms of the bill, spending will continue to grow every year and total debt will continue to increase with no viable prospect to achieve anything near a balanced budget.  Last week, the Great Debt… Continue reading Debt ceiling winners, losers, and random thoughts on our fiscal future

Biden’s budget is why the debt ceiling exists in the first place

The debt ceiling debate takes a strange turn after President Biden demands something of a duel among budgets without realizing that his own $6.9 trillion monstrosity, which would more than double the entire budget of just six years ago, is why the debt ceiling exists in the first place. Earlier this week, the Republican Speaker… Continue reading Biden’s budget is why the debt ceiling exists in the first place

Debt ceiling: Get ready five months of nonsensical bloviating over our insane finances

The names of the politicians in Washington change, but the debt and the debt ceiling keep on increasing at an almost exponential rate, over a monstrous $30 trillion.  Some, however, continue to insist that raising the debt ceiling is just a routine vote that should be accomplished without question, while others claim the idea of… Continue reading Debt ceiling: Get ready five months of nonsensical bloviating over our insane finances