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Thirty-Nine States Do Not Have Enough Money To Pay Their Bills

39 states do not have enough money to pay all of their bills. To balance the budget, as is required by law in 49 states, elected officials have not included the true costs of the government in their budget calculations and have pushed costs onto future taxpayers.

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11 hours ago

Positioning Your Portfolio For A Debt Ceiling Debacle

As the talking heads on TV debate the chances of the U.S. raising the debt ceiling past its current cap of $28.4 trillion, many, including Treasury Secretary Janet Yellen and JP Morgan Chase chairman and CEO Jamie Dimon, are predicting economic calamity if Congress fails to act.
Sep 20, 2021

For The U.S. Economy, What Does A “Next Normal” Look Like?

With the Federal Open Market Committee (FOMC) meeting scheduled this week, there are a number of economic and social crosscurrents to consider when navigating what an economic “next normal” could look like and how policymakers can ensure the American economic engine remains on track.