Stated by Congress in 99 pages of unintelligible sentences, the two halves of the debt ceiling deal can be simply summarized.
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.
The Economics of Seizing a Super-Yacht
Super-yacht economics involve astronomical maintenance and storage expenses that governments have to absorb after a seizure.
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.
Deciding Who Won’t Get a U.S. Check
During two dates in December, we can worry about federal spending and debt and who won’t get a check from the U.S. government.
What We Need To Know About Federal Spending
Talking about foreign aid and the defense budget is like comparing a blueberry to a watermelon. Foreign aid spending is tiny while defense dollars are massive. With federal spending on foreign aid, defense, Medicare and Medicaid in the headlines, let’s…
Weekly Roundup: From Burgers to Boomer Demographics
Our everyday economics includes disposable income,competition,externalities, standardization,entrepreneurs,federal budget, R&D, labor and dependency ratios.
How the U.S. Budget Takes Us to Another Galaxy
Within the discretionary spending slice of the government spending pie, research and development at the NSF is a tiny part of the federal budget.
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…
