Economy
America Reaches a Sad Milestone
Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after [...]
Congress needs to cut up its credit cards
Congress will soon have to consider whether or not to increase the debt ceiling. The debt ceiling is the government’s credit limit, so once it is reached, the government cannot legally borrow any more money. The Treasury can continue to pay [...]
Ron Paul on “infrastructure plan”
Campaign for Liberty Chairman Ron Paul issued the following statement regarding President Biden’s unveiling of an estimated $2.5 trillion infrastructure plan: “President Biden’s so-called ‘infrastructure plan’ uses the need to fix [...]
Trump’s Budget: Radical Change or More of the Same?
President Donald Trump's proposed budget has generated hysteria among the American left. Prominent progressives have accused the president and his allies of wanting to kill children, senior citizens, and other vulnerable Americans. The reaction [...]
Blame Government, Not Markets for Monopoly
When Time-Warner announced it planned to merge with another major communications firm, many feared the new company would exercise near-total monopoly power. These concerns led some to call for government action to block the merger in order to [...]
“Eventually, they run out of other people’s money and then they come for you.”
Tesla and SpaceX CEO Elon Musk is at the top of the world’s richest people list these days. He also knows once the government institutes a tax, it’s very difficult to un-do it. If anything, they’ll expand the scope of who is being [...]
Ron Paul on Biden’s Budget
Campaign for Liberty Chairman Ron Paul issued the following statement regarding President Biden’s proposed budget: “By following up the bipartisan spending orgy of “coronavirus relief” and economic stimulus spending with a $6 trillion [...]
Ron Paul Classic: Restore America’s Budget Plan
On Monday, the Congressional Budget Office (CBO) released a 30-year projection of the federal budget. The report shows that if current spending trends continue, the national debt will be at 195% of Gross Domestic Product (GDP) by 2050. That’s [...]
10 things I hate about the budget deal
Yesterday, the House of Representatives passed the budget bill by a vote of 309-118. You can see the roll-call vote here. The bill is now in the Senate. Campaign for Liberty members should call their senators and tell them to vote against the [...]
Ron Paul Classic: Repeal, Don't Reform The IMF
Last week, the International Monetary Fund (IMF) and World Bank held their annual meetings in DC. Since my invitation was lost in the mail, I'm not sure if the IMF's role in Iceland's backdoor theft of private capital via direct taxation and [...]