A few months back, while down in Washington, D.C., our team was invited to an event hosted by the House GOP. And while we were there, we were able to set up a booth, and interview about a dozen members of the House. I set up shop and was able to conduct interviews with about…
12 Republican Lawmakers: How to Reduce the $150 Billion National Debt, Unfunded Liability Bomb | Facts Matter
October 19, 2022
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12 Republican Lawmakers: How to Reduce the $150 Billion National Debt and the Unfunded Liability Bomb | Facts Matter
October 19, 2022
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American energyChinese Communist threatEpochTVExclusiveFacts MatterInterviewsLive Videosnational debtTaiwanUSUS NewsVideoWashington DC
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A few months back, while down in Washington, D.C., our team was invited to an event hosted by the House GOP. And while we were there, we were able to set up a booth, and interview about a dozen members of the House. I set up shop and was able to conduct interviews with about…
Capitol Report (Oct. 5): Biden Meets Desantis in Florida; FBI Says Murders Up Significantly Across US
October 5, 2022
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President Joe Biden visits Florida. What does he say about damage caused by Hurricane Ian, and how is Florida Gov. Ron DeSantis addressing Biden’s actions? OPEC ignores Biden’s plea to ramp up production and instead does exactly the opposite. It’s slashing oil production—the biggest cut in two years. How is the White House responding? The…
Taxpayers on the Hook for Ruling-Class Debts
August 25, 2022
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Commentary Remember the transitional and temporary inflation that was supposed to come and go? We are now getting warnings from high up that this is the new normal. It’s a pattern with which we’ve become very familiar. Two weeks of lockdown became two years. One-hundred days of masking turned into a full year, and the…
Is a Great Reset of Monetary Policy Coming After Massive Money Supply Expansion?
August 19, 2022
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In response to the coronavirus pandemic, the Federal Reserve took extraordinary and unprecedented action to cushion the economic blows resulting from the global health crisis. Over the last two years, the central bank expanded the money supply by more than $6 trillion. The pandemic-era round of quantitative easing led to the creation of nearly 50…
Inflation Reduction Act Won’t
August 18, 2022
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Commentary In January 1925, President Calvin Coolidge addressed the American Society of Newspaper Editors in Washington. In his remarks, Coolidge said, “the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing, and prospering in the world.” On Tuesday, President Biden returned from vacation to sign the misnamed “Inflation Reduction Act.” He…
Ottawa Won’t Balance Budget Until 2041, Taxpayer Advocacy Group Says
It will take the federal government at least 20 years to balance the budget, judging by its current state and only if granted a generous forecast, says the Canadian Taxpayers Foundation (CTF). Using supplementary data from Fiscal Sustainability Report 2022 published by Parliamentary Budget Officer (PBO) Yves Giroux on July 28, the CTF compared Canada’s year-by-year projections of…
The Senator Trying to Restore Fiscal Sanity
July 27, 2022
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Commentary The record high inflation that is plaguing Americans is being fueled by out-of-control federal spending. The federal government has spent over $6 trillion on COVID-19 related pandemic stimulus measures. The most recent, American Rescue Plan Act (ARPA) was not even needed as most states are experiencing large surpluses. The national debt is over $30…
In Defense of Defaulting on the National Debt
Commentary With the acknowledged national debt now a politically and economically unpayable $30 trillion (in reality, its unfunded liabilities are far greater), Americans should start to become acclimated to the realities of the United States’ eventual, inevitable default. While it may seem unfathomable, and the results too catastrophic to imagine, in fact, the likely damage to…
Record Debt, Soaring Deficits Amid Slowing Economy Over Next Decade, CBO Warns
The U.S. government’s budget deficit is forecast to shrink this year before soaring in the coming years, the Congressional Budget Office (CBO) wrote in its 2022-2032 budget and economic outlook Wednesday. The federal deficit will fall to $1 trillion this year, down from $2.8 trillion in 2021. The significant deficit decline is attributed to…
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