James McKitrick
James McKitrick
News

Here's How Having a Huge National Debt Increases the National Debt

Interest rates are currently at the lowest they've been in years, but at some point they'll have to go up — and then the interest on the national debt will give us all a rude awakening.

News

John Boehner Gives Dems a "Menu" Of Options For Cutting Spending

With another battle over the debt limit looming, the Republicans have presented a number of options for cutting spending. One thing is for sure — a clean increase in the limit is off the table.
News

Debt Limit: It's Baaaaaaaaaaaaack!

Around October or November, economists estimate the U.S. Treasury will have run out of accounting tricks to avoid hitting the debt ceiling. What comes next?