deficit – Family Guardian

America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the bill is higher than believed, hitting $141tn by 2054

Story by Eleanor Pringle, Fortune, 4/1/24 SOURCE: https://www.msn.com/en-us/money/markets/america-will-be-left-with-severe-irreversible-scars-if-national-debt-goes-unchecked-now-a-blockbuster-report-warns-the-bill-is-higher-than-believed-hitting-141tn-by-2054/ar-BB1kSB6V?ocid=msedgntp&pc=U531&cvid=8fe0bec286204096bd2b12ddd1f4ba23&ei=15 National debt is fast becoming the thorn in the side of the American economy that nobody wants…

fg_admin April 1, 2024

American taxpayers are now slaves to interest payments

Story by E.J. Antoni , Fox Business, 11/21/23 SOURCE: https://www.msn.com/en-us/money/news/american-taxpayers-are-now-slaves-to-interest-payments/ar-AA1kjj8G?ocid=msedgntp&cvid=eff32aca925a4e5a93742e1c7e570b1b&ei=10 Interest on the federal debt is now so immense that it’s consuming 40% of all personal income…

fg_admin November 21, 2023

The CBO is pulling no punches on the dire deficit outlook

Opinion by Robert L. Bixby, The Hill, 2/24/23 SOURCE: https://www.msn.com/en-us/news/politics/the-cbo-is-pulling-no-punches-on-the-dire-deficit-outlook/ar-AA17TTgy?ocid=msedgntp&cvid=a7773cfdb53d4d55a0909500cae4820c&ei=14 ou don’t need to get very far into the new Budget and Economic Outlook issued by the Congressional…

fg_admin February 24, 2023

Why is fiscal responsibility not discussed anymore?

Opinion by Sheldon H. Jacobson, Ph.D., The Hill, 9/26/22 SOURCE: https://www.msn.com/en-us/news/politics/why-is-fiscal-responsibility-not-discussed-anymore/ar-AA12gcOm?ocid=msedgntp&cvid=e2c482002ed347259333ea367cc50379 We are fast approaching the midterm elections on Nov. 8. Both parties are working diligently to…

fg_admin September 27, 2022