Deciding if the Federal Government Should Borrow or Tax

With federal spending far exceeding federal revenue, we have to decide if more borrowing or federal taxation should span the gap.

How Present and Past Social Spending Could Connect

At more than $2 trillion, the cost of the March 2020 CARES (Coronavirus Aid, Relief, and Economic Security) Act was double what we spent on Social Security in 2019. As a pandemic relief package, CARES Act checks were directed toward…

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.