Our $28 Trillion National Debt Is Coming Due

Last September, the Congressional Budget Office (CBO) predicted the federal debt wouldn’t hit $29 trillion until 2028. Just short of a year later, the national debt stands at $28.6 trillion and is set to surpass $29 trillion within weeks. Since Congress hasn’t yet enacted all its new spending proposals, the CBO debt estimates don’t yet include them. The $1.2 trillion “infrastructure” bill still has…

Continue Reading

 54 total views

Health, News

Biden’s Plan To Raid Medicare Shows His Callous Disregard For Math And Voters

The budget President Biden recently submitted to Congress resembles President Obama’s fiscal blueprints in many respects. It taxes too much, spends too much, and with $14.5 trillion in new federal debt, it certainly borrows too much. But Biden’s budget reflects his Democrat predecessor in another aspect: It uses hundreds of billions of dollars from Medicare to pay for (among many…

Continue Reading

 69 total views