We’re Not Broke

We Could Pay All Our Bills Without Borrowing a Cent

By Michael Linden, Michael Ettlinger | March 21, 2011

Really, we’re not broke.

The notion that the United States is “broke” is a popular talking point for conservative lawmakers. They use the claim to justify cuts in government services for middle-class Americans and those with whom they have ideological quarrels. Speaker of the House of Representatives, John Boehner (R-OH), for example, likes to say that the United States is “broke, going on bankrupt,” which is why he says we absolutely have to slash government services such as poison control centers, meat inspections, law enforcement funding, afterschool programs, and disease research.