“We can bear neither our diseases nor their remedies.”
So shrugged the ancient historian Livy (59 B.C.- A.D. 17) of the long decline of Roman national character that, in his age, finally ended the Roman Republic.
Read the full story“We can bear neither our diseases nor their remedies.”
So shrugged the ancient historian Livy (59 B.C.- A.D. 17) of the long decline of Roman national character that, in his age, finally ended the Roman Republic.
Read the full storyThe federal debt increased by $6,238,231,285,652.06 between Jan. 20, 2021, the day President Joe Biden was inaugurated, and Jan. 2, 2023, the last day for which the debt has been reported.
That equals $47,462.84 for each of the 131,434,000 households that the Census Bureau estimates were in the United States in 2023.
Read the full storyA new economic analysis of the U.S. economy projects a recession around the corner.
An international nonprofit, The Conference Board, has released its Leading Economic Indicators report, which projects into the next year for the U.S. economy. That analysis, among other things, projects high inflation, high interest rates and declining consumer spending.
Read the full storyThe federal government’s debt increased by $2,238,422,431,416.43 in fiscal 2023, according to data published by the U.S. Treasury Department.
On Sept. 30, 2022, the last day of fiscal 2022, the federal debt was $30,928,911,613,306.73, according to Treasury Department data. By Sept. 29, 2023, the last business day of fiscal 2023, it had climbed to $33,167,334,044,723.16.
Read the full storyFriday morning on The Tennessee Star Report, host Leahy welcomed Wall Street guru Liz Peek to the newsmaker line to breakdown the economy, consumer confidence, federal spending, rising debt, job layoffs, and political gridlock.
Read the full storyThe national debt hit another milestone this week, and experts are warning that continuing to increase federal spending will have dangerous consequences.
The federal national debt has now topped $30 trillion, marking a sharp rise since 2001, when it was about $5 trillion. The federal government surpassed $20 trillion in debt less than five years ago.
Read the full storyFederal government spending is out of control and one Congress member from Tennessee is looking to reign it in.
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