John Puri writes for National Review Online about the origins of our massive federal government debt. This week marks an ignoble milestone: America’s national debt is crossing $40 trillion for the first time, months earlier…
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…
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…
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