How Broke Is the Federal Government? It’s Penniless!
The federal government’s financial report shows it is de facto bankrupt, with assets of $4.9 trillion and expenses and debts of $40 trillion.
The federal government’s financial report shows it is de facto bankrupt, with assets of $4.9 trillion and expenses and debts of $40 trillion.
The recent decisions by the conservative U.S. Supreme Court (SCOTUS) at the end of its 2024 term are of significant importance in the realm of regulatory reform. These landmark rulings, which end judicial deference of agency decisions and require jury trials when agencies seek penalties, mark a pivotal moment in the fight against the regulatory…
As investigations of the Biden administration and related activities proceed in the House Oversight and Judiciary Committees, the Department of Justice (“DOJ”) and the FBI are not cooperating with the Committees. These agencies will not even produce a specifically identified, unclassified Form FD-1023 that is a record of a payment scheme involving then vice president…
It’s time for Congress and the president to recognize they have a spending addiction. It is time also for our government to recognize it is incapable of managing the nation’s finances. In Fiscal Year 2022, the United States collected $4.8 trillion in revenue and spent $6.32 trillion. Our federal government spent $1.47 trillion more in…
Congress talks and talks and huffs and puffs about over-regulation and reform of the Administrative State but never takes on the challenge. The courts, however, are again stepping into a legislative role to place limits on agency lawmaking as Congress continues down the path of irrelevancy. For decades, there have been concerns about the federal…
With the drama of electing Kevin McCarthy as Speaker of the House and approving new rules for the operation of the House, it is time to make Congress work. Thanks to the courage of twenty members of the Freedom Caucus (#Freedom 20), the overall effect of the new rules is the restoration of the most…
The Christmas season is a time of giving. Young children sit on Santa’s knee and provide him with a list of presents for under the tree. While it’s rewarding to see children happy with gifts, there is a dark downside to their expectations. Children grow up to be businessmen and women or social activists and…
Dear Republicans, the talking heads and the pollsters were very wrong about the definite red wave. Fortunately, you won control of the House of Representatives by a few seats. It will be a trying time since the loudest voices will seek retribution against Democrats through much-needed investigations. Undertake a few very well-structured investigations to expose…
As the 2022 elections for Congress approach, citizens should ask to whom an elected official owes a duty of loyalty. Are these candidates merely politicians seeking office to enhance their brand by leading the opposition against Americans who think differently? Or are these candidates seeking office to serve as fiduciaries to the Constitution? In a…
Remember when the media reported the Biden administration was contemplating paying illegal migrant families $450,000 per person as a settlement for separating the children from their parent(s). Did you ever ask where would the money come from? Did Congress ever enact a specific appropriation for its payment? The answer is simple – it comes from…