National Debt

federal reserve facade 1
The facade of the Federal Reserve Bank.

DC’s Insatiable Urge to Splurge

Asked Wednesday when Congress will raise the debt ceiling by mid-October, House Speaker Nancy Pelosi responded that the House will do what needs to be done “because it’s the responsible thing to do.” What exactly? “We’re paying the Trump credit card,” she said. As long as both parties think they can keep spending money on credit and blame it all on the other side, red ink will flow. Read More ›