deficit

A Nation in Crisis, Prayer and the Wisdom of Mother Teresa

The news keeps getting darker and darker. The United States borrows about 40% of every dollar it spends. That amounts to about 120 billion dollars added to the debt each month. The current U.S. debt, not including unfunded future liabilities, is 14.5 trillion dollars. Add in those liabilities and you have 76 trillion dollars. To cover just the current year […]

America’s Budget Deficit and Our Moral Crisis

Will Rogers once said, “If you find yourself in a hole, the first thing to do is to quit digging.” Regrettably, America has fiscally dug itself into a national debt which now publicly stands at $14.3 trillion dollars.  What’s more, this is the week that we were supposed to raise the debt ceiling, yet again, in order to avert another national […]