The Silence of the Deficit Hawks

The U.S. government did something in August 2018 that it has never done before. It spent $433 billion in taxpayer and borrowed dollars in a single month!
For the U.S. government’s 2018 fiscal year to date, which will end on September 30th, the cumulative amount of spending it has done is well ahead of where it was at this point in 2017, while the amount of money it has collected in taxes is, perhaps surprisingly, slightly ahead of where it was at this time last year.

You might think this dubious fiscal achievement would attract howls of disapproval on Capitol Hill, but

Read more at The Independent Institute