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    • What Happened to "Paying off the National Debt"?

      Calculated Risk· 11 hours ago

      While the magnitudes of future federal unified budget surpluses are uncertain, they are highly likely to remain sizable for some time. [C]urrent forecasts suggest that under ...

    • In Defense of Defense Spending

      In Defense of Defense Spending

      The Dispatch via Yahoo Finance· 2 days ago

      Even back in 2010, when the debt held by the public was one-third of its current size, Joint Chiefs of Staff Chairman Adm. Michael Mullen declared...