AUTHOR
G. William Hoagland
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What Every American Should Know About the Debt & Deficit
In the current year, the federal government collected $3.47 trillion in revenues and spent $4.47 trillion, resulting in an annual deficit for 2019 of $1 trillion.
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The Ghosts of Budgets Past, Present & Future
Ebenezer Scrooge would have certainly asserted of Congress’ budget process: “it is dead, dead as a door-nail.” In the spirit of the season, it is worth examining why the process now lies with old Marley in the graveyard.