Related to existing fiscal policy obligations, the X-date indicates precisely when the U.S. must have a higher debt ceiling.
The Surprising Ways that Governments Get Money
Thinking of how governments fund all they do, we usually think of taxes. But there is much more. Government Revenue U.S. States Desperate for cash, in 2010, Arizona’s governor sold the state capitol. The deal included the House and Senate,…
The Economics of Seizing a Super-Yacht
Super-yacht economics involve astronomical maintenance and storage expenses that governments have to absorb after a seizure.
Student Loan Debate Dilemmas
Misleading when we just look at $50,000 or $10,000, the student loan debate takes us to a long and complicated cost and benefit list.
How the James Webb Space Telescope Takes Us Back Billions of Years and Billions of Dollars
In so many different ways, ranging from time to money, the James Webb Telescope is about billions of years and dollars.
How Can You Cut $3.5 Trillion That Will Build Back Better?
To begin to grasp President Biden’s spending proposals and the spending cuts debate, we need to understand big numbers.
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.
Where State Money Can Come From
Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.