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Government Debt: US’s leading export?

 
Author Archive | Norm Singleton

Government Debt: US’s leading export?

According to new figures from the Treasury Department, foreign holdings of US debt now exceed $6 trillion dollars. China is the leading holder of US debt, holding  $1,268,400,000,000 at the end of June. In comparison, the Federal Reserve held  $2,396,972,000,000 in Treasury Securities during the same period. Other leading foreign holders of US debt include […]


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Don’t Miss Bill Kaufman at LPAC 2014!

One of the LPAC 2014 speakers I am most excited about is Bill Kaufman. Mr. Kaufman is a former DC editor for Reason magazine, and currently is a columnist for The American Conservative. Mr. Kaufman is also a contributor to a number of other publications, including The Wall Street Journal, The Nation, USA Today, and The Guardian. […]


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Government tracking “truthiness”

In homage to late-night comedian Stephen Colbert, federal bureaucrats have named their new database “Truthy.” However, unlike Colbert, there is nothing funny about this database. Researchers at Indiana University received nearly $1 million of your money to develop Truthy. According to Bonnie Kristian writing in The Week: A major focus of the project is determining […]


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Paul Ryan, Ex-Im, and the art of preemptive surrender

Yesterday Megan posted on the continuing battle over reauthorization of the Export-Import Bank (Ex-Im Bank).   Shortly after that post, House Budget Committee Chairman Paul Ryan essentially threw in the towel on Ex-Im Bank (h/t: Export-Import Bank Today): When it returns in September, Congress will have a handful of work days — likely between eight and […]


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Does GOP Leadership Want to Destroy the Liberty Movement?

Maybe…since according to several media reports new GOP whip Steve Scalise consulted with lobbyist (and former staffer for then-speaker Dennis Hastert) John Feehery to help vet potential staffers. Since Hastert’s speakership represented the heyday of “big government” conservatism, once would hardly expect Feehery to be a champion of the GOP’s growing liberty wing. But give […]


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