Crowds still go mad

April 22, 2019 | The Washington Post

Speaking of the national debt and bubbles, the federal government released the annual Financial Report of the United States Government a couple of weeks ago. To deafening silence.

Dems and the GOP agree: Nobody cares about the national debt

April 18, 2019 | The Hill

While our current political climate at times seemed without precedent in American history, there is at least one area in which President Donald Trump has carried on the tradition of his predecessor, President Barack Obama: They both presided over an explosion of the national debt.

Garden State versus Sunshine State: When will the retirement migration end?

April 17, 2019 | Born2Invest

New Jersey has become a case study for financial disaster (forgive the cynical language, but you try to define the NJ balance sheet and budget in one word).

Examining Tax Freedom Day in Virginia

April 16, 2019 | WVTF-FM – Virginia’s Public Radio

“… Bill Bergman at the non-profit group Truth in Accounting says Virginia is actually in pretty good shape compared to other states. ‘When you look across the 50 states, older states tend to be in worse shape, and Virginia is one of those states that is actually an old state but is also in relatively good shape,’ says Bergman.”

Report: Every taxpayer would owe government almost $700K to pay off national debt

April 16, 2019 | Western Journal

“… ‘The government’s finances deteriorated significantly, and more recent reports suggest the trend is only getting worse in 2019,’ Bill Bergman, the TIA’s director of research, wrote on his blog.”

2018-2019 Competition

April 15, 2019 | Fiscal Challenge – Classroom to the Capitol

The final stage of college competition to address fiscal challenges facing the US government was held in Washington, D.C. last Friday.

Report: Every American taxpayer would owe almost $700,000 to pay down worsening national debt

April 11, 2019 |

“… With assets of $3.8 trillion, the federal government’s unfunded liabilities and debt totals $108.9 trillion, leaving a debt burden of $105 trillion. … As a result, TIA gives the federal government an ‘F’ grade for its financial outlook. … In its new report, TIA clarifies that while the issue of a $779 billion national deficit is concerning, it doesn’t reflect the bigger picture. …” 

How government fudge, fib and falsify their budgets

April 11, 2019 | Illinois Channel

“According to Sheila Weinberg, a CPA, there is so little truth in so many government budgets, that they could be considered works of fiction.”

Proposed budget cuts aren’t really cuts, critics argue

April 10, 2019 | KTBS ABC News (Louisiana)

A Senate budget resolution that some say contains 'draconian cuts' actually increases spending overall, economist Daniel J. Mitchell at the Foundation for Economic Education (FEE) argues.

Does the city have a debt problem? The answer is in the eye of the beholder

April 9, 2019 | Ft. Wayne News-Sentinel

“… But you can bet future commercials will target one vulnerability Smith insists is shared by both his May primary opponent and the incumbent Democrat he hopes to defeat in November: The city’s debts. … It’s all a matter of perspective — and, of course, politics — because both positions appear to be factually correct.”

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