The very term “debt limit” makes a mockery of any kind of responsible budgeting. Each time the government reaches the “limit” it gets raised with the familiar scenarios that include threats of a government shutdown (an idea that increasingly appeals to some conservatives) and the claim that the “full faith and credit” of the U.S. is at stake. We have...

Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. is projected to reach its debt limit as early as June 1, if members do not raise or suspend the debt limit before then.

By: Brittany Bernstein – nationalreview.com – April 26, 2023 The San Francisco Board of Supervisors voted to end a boycott of 30 states that passed conservative laws after the rule proved costly and ineffective. To see this article in its entirety and subscribe to others like it, choose to read more. Source: San Francisco Ends Boycott of 30 States with...

By: Noah Rothman – nationalreview.com – April 20, 2023 It’s difficult to understate the perverse incentives that penalizing homebuyers with good credit will create. The fallout from the 2008 implosion of the mortgage market was still settling over the American economic landscape in mid February 2009, when Barack Obama’s party passed a massive $787 billion stimulus designed, ostensibly, to staunch the bleeding. Not...

House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year. The Republican leader announced the bill Wednesday just as President Joe Biden was preparing to deliver a speech in Maryland. The 320-page package imposes a long list of Republican priorities, including new spending caps, work requirements for recipients...

House Speaker Kevin McCarthy noted the average American family has lost the equivalent of more than $7,000 in annual income.

By: Katie Pavlich – townhall.com – April 14, 2023 This week, the Federal Reserve went into damage control mode over warnings from lawmakers, currency experts, economists and others that the federal government agency is quickly moving toward implementing a digital currency system. “Is FedNow replacing cash? Is it a central bank digital currency?” an individual submitted during a question and...

The Social Security Board of Trustees recently released its 2023 report on the financial status of Social Security’s Old Age and Survivors Insurance (OASI) Trust Fund, which pays retirement benefits to about 52 million seniors.

The fact is red-state elected officials keep their large, progressive cities from imposing most of the virtue-signaling, leftist policies those cities would like to impose.

The United States is a decisive power, but also a dangerous one. The concentration of power and capabilities, and the degree to which they are globally interconnected, means that an American failure would likely have disastrous consequences globally. Source: The American Crisis Intensifies – Geopolitical Futures