Browsing articles by " Staff"

What $20 trillion means for you

The US National Debt has officially crossed a sobering milestone this week, crossing $20 trillion for the first time in history. It’s hard to overestimate the significance of such a massive liability, but with numbers so large, the real-world consequences can be forgotten. What does this number really mean?   For one, the debt held […] Read More >>

Introducing SpendingTracker.org

The Institute to Reduce Spending is so excited to announce the launch of the first-ever federal spending tracker.   Check it out now at SpendingTracker.org.   Institute staffers have been developing the methodology and dataset for this project over the past two years. And every day has been worth it to build a robust framework […] Read More >>

Don’t get rid of the debt limit without real reforms

Writing today in Rare, Institute research manager Jake Grant takes on a dangerous notion coming from Treasury Secretary Jack Lew last week. While correctly diagnosing serious problems with the debt limit process, Secretary Lew misses the mark in implying it should be ended without any limits to replace it.   Last week, Treasury Secretary Jack […] Read More >>