National Debt
Is North Carolina addicted to federal funds?
Last summer, I argued that North Carolina’s growing dependence on federal funding posed a long-term fiscal risk to the state — one that would only become clearer as Washington continued its debt spiral. Unfortunately, that…
Official stats understate America’s fiscal imbalance
Mark Warshawsky highlights bad news for America’s long-term fiscal picture. Last week, the Treasury Department released, with no fanfare and little attention, the 2025 Financial Report (FR) of the US Government. Using an…
Shutdown does nothing to deal with debt problem
Matthew Continetti documents what he describes as the real problem with the federal government shutdown. Fellow deficit hawks, I bring bad news. Republicans and Democrats are dug in for the first government shutdown for the…
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