The Government Spending Binge

For most of this year, the talk in Washington has been focused on the debt, the debt ceiling, spending, and tax revenue. Politicians, economists, reporters, and citizens keeps referencing these…

BREAKING: House to vote on CCB Act, Tues 7/19!

Backed by a wave of overwhelming grassroots pressure, Speaker John Boehner has scheduled a surprise House vote on the Cut Cap Balance Act (H.R.2560) this coming Tuesday, July 19th.TAKE…

Debt Ceiling Debate Plunges Into the Absurd

You can begin to comprehend the desperation level of a particular party or ideological persuasion when the arguments that are posited leave the realm of logic and plunge into the…

Cut, Cap, Balance

Democracy and Power 104: Future Debt Burden A government debt is a government claim against personal income and private property – an unpaid tax bill.