Up and up goes the debt, freed now from any "debt ceilings." How and when the insanity will stop is anyone's guess.
Most people seem to agree that communism (a type of socialism) has proven to be a failure, but many believe that soft socialism is beneficial. Let’s look at some examples.
A report released on Monday by the Congressional Budget Office projects that the federal debt will be $30 trillion within a decade, citing new spending, tax cuts, and ObamaCare as some of the primary causes.
The Federal Reserve will not be audited any time soon, but its manipulations may soon lead to a sound money revolution.
With the country heading toward ever-increasing debt, neither the Republican Congress nor the Democrat president appear prepared to take the needed action to solve the problem.