Washington now spends that much more than it did a mere three years ago. But trying to figure out what we’re getting for all that extra money is no simple matter. A lot of slicing and dicing does yield some answers — none of w…
The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…
Like all budgets, the federal government’s spending plan is all about revenues and expenditures. Unfortunately, Uncle Sam is very good at grossly overestimating tax receipts and grossly underestimating spending. It’s enough to …