federal debt Archives

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.

Explaining the Deficit

Because explaining the deficit might need an economist, we went to Ed Yardeni, to “Tracking the Defiicit” and to the CBO for an answer.

Fiscal policy

A Brief and Basic Primer On the Federal Debt

Knowing that the trillions spent on pandemic relief will accelerate the growth of the federal debt, we can ask where we will get money.

What's Trending

What You Need to Decide About the Future of the Federal Budget

While the CBO’s (Congressional Budget Office) 2018-2028 report presents federal budget projections, the numbers also reflect the tradeoffs and some tough decisions.

Economic History

The Benefits of Perpetual Federal Debt

Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit.

The internet culture that included online based tax collection and computers as a part of the education system related to the market economy that Estonia developed.

Business

From Estonia: Cheap International Calls, Priceless Tweets

Estonia’s market economy resulted from eurozone membership, human capital and infrastructure development and fiscal discipline.

Economic History

A Speedy Summary of Spending in the US Federal Budget

Right now, the Congress is supposedly debating the 2015 federal budget. Because the new fiscal year begins October 1, their deadline is September 30. But not really. 1996 was the last time the House and Senate punctually approved all necessary…

Economic History

Have We Halved the Deficit?

In the State-of-the-Union, President Obama said, “Our deficits–cut by more than half.” Looking at the federal deficit as a percent of GDP, we can say that the deficit is much lower than 4 years ago. BUT… The deficit was an unusually…