Gridlock Is Not Dysfunctional

The Big Government Brigade is concerned that gridlock will prevent the expansion of the federal government. Nothing will prevent its expansion except a financial default. The default more for Washington is growth. We need the other kind of default to reverse default mode. So, the cry of the hour is “surrender.” When you see “dysfunctional,” [...]

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Cooked Books: Federal Accounting Games With Our Tax Money

The U.S. government spends $3.8 trillion a year. But where does the money go? Government accountants are not sure. The government does not apply the same standards of accounting on itself that it applies to taxpayers. What the IRS will not tolerate, the GAO does. The GAO is the accounting arm of the government. It’s [...]

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