A Flourish chart Ivy League universities continued their lobbying efforts to increase funding for higher education, amid a tumultuous year for Harvard, which has faced congressional scrutiny over antisemitism on campus amid concerns the University might lose some of its federal funding. Harvard’s lobb...
The annual federal deficit is represented by the distance between the spending and the revenue curves on the bottom chart. Recall that revenues, spending, and deficits are flows calculated over a period of time, as opposed to stocks like the debt. Flows during a certain period of time accumula...
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According to the US Government, its debt stands at $35.210 trillion having grown 57% in the last five years. As the chart below shows, there was a big step up in early 2020 due to Covid. But subsequent attempts to control the deficit and therefore indebtedness have been absent. Read Mor...