Federal Government

Corporate Welfare: 3. Tax Expenditures

“Tax Expenditures”, when used by the federal government, refers to the loss of tax revenue as a result of exemptions, exclusions, deductions and credits...

US Corporate Welfare: 2. Corporate Gravy Train

The total amount of subsidies paid to businesses and corporations by the federal government is unknown. However, the amount paid to a particular company...

US Corporate Welfare: 1. What Is It? Where Is The Money Going? How...

“Corporate Welfare” refers to government subsidies given to businesses. There are many hundreds of corporate and business subsidy programs provided by the federal government...

Military Machine: 4. War In The Middle East And Africa

One of the consequences of the US superpower strategy seems to be a tendency to get involved in many wars around the world. The author...

Military Machine: 3. How Does The USA Compare To The Rest Of The World?

So, is $900 billion per year in defense spending the right amount for the US? Do we face grave national security risks that suggest...

Military Machine: 2. How Big Is It?

The US has the largest and most expensive military forces in the world by a wide margin. This article will provide information on the size...

Military Machine: 1. US Defense Spending

The author’s hometown is Randolph, Vermont.  Randolph has never been attacked by a foreign power. In fiscal year 2016, the total municipal expenditures of the...

Unsustainable Fiscal Path:3. Consequence of Never Ending Deficits

The federal government knows that our current fiscal policies are unsustainable. The Government Accountability Office (“GAO”) defines a “sustainable fiscal policy” as one where...

Unsustainable Fiscal Path: 2. The Federal Government’s Debt & Liabilities

Each year, the Government Accountability Office (“GAO”) prepares the Financial Report of the United States that, among other things, tallies up all of the...

Unsustainable Fiscal Path: 1. Growing Federal Debt & Deficits

In fiscal year 2017, the federal government’s audited expenditures exceeded its revenues by $1.56 trillion. If you adjust this for non-cash accruals and other...