The U.S. is broke. Here’s why.

For the first time in U.S. history, in 2009 every single dollar of revenue was committed before Congress voted on any spending program. Meanwhile, most of government’s basic functions — from justice to education to turning on the lights in the Capitol — are paid for out of swelling, unsustainable deficits.

Gene Steuerle writes decades of political promises made by a profligate Congress have left us broke