debt
A 50-year mortgage won’t make homes affordable
Last week, Director of the Federal Housing Finance Administration Bill Pulte revealed a plan to offer 50-year mortgages to the public. The 30-year fixed-rate mortgage, created in the 1930s, helped generations to slowly build…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
The president has too many ’emergency’ powers
Usually when we're in the midst of a government shutdown, I'm in a good mood. Sure, recent shutdowns haven't accomplished much in terms of shrinking the cost or scope of the federal government in the long run,…
Pope Leo reaffirms Church’s condemnation of usury: ‘Corrupts the human heart’
Sat Oct 18, 2025 - 2:53 pm EDTSat Oct 18, 2025 - 2:50 pm EDT VATICAN CITY (LifeSiteNews) — Pope Leo XIV reiterated the Church’s condemnation of usury while meeting with members of Italy’s National Anti-Usury Council on…
Despite DOGE cuts, federal spending rose by $300 billion last fiscal year
President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a close, progress had not…
Mamdani’s fare-free bus plan would be an expensive fiasco
In June, 33-year-old self-described democratic socialist Zohran Mamdani won New York City's Democratic Party mayoral primary and is likely to become the next mayor of America's largest city. His platform contains…
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