“This means more federal tax revenue is going toward interest payments. The obligation ate up about 30 cents of every tax dollar in the first three quarters of fiscal 2023, compared with less than 22 cents over the same period in the two prior fiscal years, said Jerry Dwyer, an economics professor emeritus at Clemson University.”
Excerpt from article “Interest payments on the nation’s debt are soaring, adding pressure to Congress spending battle“
Gerald P. Dwyer, economics professor and BB&T Scholar examines the U.S. government's strategic value in holding significant amounts of bitcoin. […]
On April 15, 2024, the Information Economy Project Center hosted Virginia Postrel to give the Tullock Lecture on Big Ideas […]
The Information Economy Project at Clemson University is delighted to host one of America's most interesting thinkers and writers, Virginia […]
