Why There Is More Interest in the Budget

While a national deficit is normal, the recent reason for its projected growth has not been seen for decades.

A Medicare Surprise

Whether looking back to 1965’s predictions or at the past decade, Medicare spending has alwaya had some surprises.

Our Lawmakers’ Conflict Between Politics and Math

Published by the Concord Coalition, there is a timeline for the federal budget process. Already, the Senate Budget Committee missed its April 1st deadline:   While the good news is that all of us want less spending, the bad news…

Why Federal Spending Cuts Come After Raising the Debt Ceiling

We can look at the federal budget to see why the debt ceiling should be raised before debating federal spending tradeoffs.

Another Color Change for the Presidential Jet

In the order for new presidential jets, President Biden changed the new colors that his predecessor had selected.

How Spending More Is Like Eating More

Behavioral economists explain that what we spend, how we eat, and even what the government spends for non-recurring events are similar.

Why Presidential Jets Have Sky High Costs

Looking at the combination of luxury and defense, we can see why the new Air Force One presidential jets are an expensive purchase.

How to Pay For a $1.9 Trillion Package

Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion:   Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…

What the Pandemic Will Do to Social Security

A looming Social Security shortfall could happen much sooner because of pandemic spending and its impact on the birth rate.

Where the Federal Deficit Can Fool Us

At $1 trillion, the ballooning U.S. deficit can be understood as a number, as a proportion of the budget, and the reason we owe China so much money.