Marc Joffe is a state policy analyst at the Cato Institute.
No, the United States Has Not Always Paid Its Debts
There are five instances of the Treasury defaulting on the debt.
Marc Joffe
Latest from Marc Joffe
Will Peru Become the Next Venezuela?
A Chavez-style socialist is the leading contender to become the nation's next president.
Puerto Rico No Longer Forced To 'Buy American' for Much-Needed Masks
Puerto Rico is temporarily free from Buy American restrictions on crucial protective medical gear thanks to FEMA.
Could Puerto Rico Be the Solution to Our Latest Immigration Fight?
The island's population has fallen dramatically even as Spanish speakers from other nations are desperate for a new home.
The Federal Government's Finances Are a Total Wreck
And the biggest liabilities don't even appear on the official balance sheet.
Trump's New Budget Plan Is a Fiscal Disaster
The administration's spending blueprint continues the fiscal decline that began during the Bush era.
Deregulation and Market Forces Can Lower Pharmaceutical Prices
The pharmaceutical market is anything but free at present.
Ignore the Haters. Russia Is Not Our Enemy.
There is greater danger in not engaging Vladimir Putin.
Puerto Rico Has Become America's Version of Greece
Debt relief and privatization are the only ways to fix its fiscal mess.