Free Republic

The U.S. national debt has surpassed $40 trillion for the first time, marking a historic milestone in a borrowing buildup that has accumulated over generations, through wars, recessions, tax changes and the expansion of major federal benefit programs under presidents of both parties.The Treasury Department reported that total public debt outstanding reached about $40.047 trillion Tuesday, according to The Wall Street Journal and The New York Times. The number is striking, but the more significant measure for economists is debt held by the public — money the federal government owes to investors and other entities outside the federal government. That...

This 6th-generation aircraft, now designated the F-47, will be the first stealthy aircraft designed by Boeing and is intended to move far beyond the F-35, into territory where, literally, “no man has gone before.” It will be bereft of any vertical control surfaces and will, according to one person close to the program who spoke to National Security Journal, “Be based on concepts of stealth that go beyond just the shaping of an aircraft fuselage and the techniques we know as the keys to low RCS today,” he said. “I cannot be specific about these newer technologies, which have not...