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Channel: Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion. » national debt
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November Federal Deficit | Breaking It Down

The U.S. Treasury Department announced yesterday the federal government ran a $135. 2 billion deficit during the month of November. We take a look at this number, and what else is buried in the...

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How Much Did The National Debt Increase In 2013? | Breaking It Down

Happy new year! To start off 2014 we thought we’d break down the amount added to the national debt in 2013. Warning: looking at these numbers may make your new year a little less happy.   Total Debt...

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Putin Approves | Friday Funnies

When it comes to U.S. policy lately, we seem to be taking some pointers from none other than the President of the Russian Federation, Vladimir Putin himself.   Spending absurd amounts of money for...

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White House Delays Sequester Cuts For Obamacare Subsidies | Spending Daily

In more healthcare news, today’s Spending Daily will take a look at a recent White House decision to restore the $10 billion in sequester cuts intended for Obamacare’s cost-sharing subsidies. The...

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March Sadness | Friday Funnies

Sunday marks the official beginning to March Madness. But why talk about basketball when there are much more interesting subject matters at hand? The national debt is sky-rocketing, healthcare premiums...

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Breaking It Down | Mother’s Day

On Sunday, millions of Americans will spend the day showing appreciation for what their mothers have done (to the tune of an expected $19.9 billion this year). Moms do a lot for us, and they usually...

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Breaking It Down | Deficit And Spending

In April, the federal government ran a budget surplus of $107 billion, $1 billion more than the surplus in April 2013. The government usually runs a surplus in April because April 15 is the due date...

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Breaking It Down | Fourth Of July Edition

Tomorrow is the Fourth of July and while everyone is celebrating with hotdogs, fireworks and beer, the federal government is continuing to irresponsibly spend your taxpayer dollars. Currently, the...

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Breaking It Down | Thanksgiving Edition

Currently, our national debt stands at nearly $18 trillion. With the holidays approaching, many families are beginning to double-check their budgets in order to continue to spend within their means....

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National Debt Reaches $18 Trillion | Breaking It Down

Last Friday, the U.S. national debt reached $18 trillion. According to the Congressional Budget Office (CBO), “Beyond the next 25 years, the pressures caused by rising budget deficits and debt would...

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