Our $22 Trillion National Debt

Addressing our massive national debt should be a top priority. Iowans must understand that the national debt crisis will not only impact them directly, but also state finances.   The national debt has reached $22 trillion. Federal spending is now approaching $4.7 trillion as Congress currently debates President Donald Trump’s proposed budget. James Grant, editor of Grant’s Interest Rate Observer, […]

Federal Funds for Teachers Should Get A Failing Grade

Senator Kamala Harris (D-CA) wants Uncle Sam to spend $315 billion on teacher salaries. This is dangerous for states, school districts, and is not the role of the federal government.   Senator Kamala Harris (D-CA), who is also a current Democrat presidential candidate, recently proposed a new federal program that would spend $315 billion over 10 years to increase teacher […]

What States Can Learn from Colorado’s Taxpayer Bill of Rights (TABOR)

Constitutional spending limits are an effective means to control the growth of spending and protect the interests of taxpayers. Other states can learn a lesson from Colorado. Some will be disappointed this lesson is not about  the legalization of marijuana, but rather Colorado’s Taxpayer’s Bill of Rights or TABOR. In 1992 Colorado voters adopted TABOR, a constitutional amendment that limits […]