867 results for search: Deb


‘We Want A Debt-Free Future for Our Country,’ Tea Party Leader Says

"The tea party is alive and growing," says Tea Party Patriots President and Co-Founder Jenny Beth Martin. "We want more personal freedom, economic freedom, and a debt-free future," she told CSPAN's "Washington Journal" on Tuesday... Continue here.

Tea Party Patriots Drives Defeat of Debo Adegbile Nomination to Department of Justice

On Wednesday, March 5, the Senate voted 52-47 against President Obama’s nomination of Debo Adegbile to head the Department of Justice’s Civil Rights Division. Ahead of the vote, Tea Party Patriots actively encouraged our members and activists to call their respective Senators and urge them to vote “no” on the nomination, and the Senate voted to defeat it.  This is a victory for America.   The nomination had received a substantial amount of criticism – even from some Democratic Senators, including Sen. Bob Casey of Pennsylvania. Still, Adegbile’s confirmation was important enough to the Obama Administration that Vice President ...

Fact-check: Think Progress Shilling for Democrats and Debt

Over the last few years, one of the left’s most effective voices has been Think Progress. An influential blog under the Center for American Progress’ umbrella, it has over 500,000 Facebook followers, and is regularly cited by the Left in online media. Unfortunately for truth and accuracy, Think Progress often manipulates facts. An October 30 post by Josh Israel entitled “Senate Republicans vote unanimously for debt default” is a prime example. The basic facts are straightforward enough: Senate Republicans opposed the President’s decision to suspend the debt ceiling until February 7, 2014 under authority granted in the deal that ended ...

Dude, Where’s My Debt Ceiling?

After Wednesday’s terrible deal to re-open 17% of government and increase the debt ceiling, rumors began circling in conservative circles that Congress had once again abdicated its duty regarding the debt ceiling, including the possibility that the President would have sole authority to raise the ceiling. This is not the case. While Congress did abdicate its duty, that abdication is temporary, and does not relieve Congress of its power (and duty) of the purse. The full law can be seen here, but below are the basics: First, again, Congress has temporarily abdicated its duty. The President has until Saturday to put forward an executive certifi...

Coburn and Scott Punt on Debt Ceiling

On October 16, the House and Senate voted to fully open the federal government, funding Obamacare and abdicating their duties to responsibly manage the debt ceiling. Only 144 House Republicans opposed this embarrassingly one-sided “deal,” joined by 18 Senate Republicans. Of those 18 Republicans, two normally stalwart conservatives voted for cloture – which ended debate on the deal and guaranteed passage. They were Senators Tom Coburn (R-OK) and Tim Scott (R-SC). Scott spokesperson Greg Blair told Tea Party Patriots “Tim Scott voted against the deal to raise the debt ceiling.” No explanation was provided on Scott’s conflicting vote. ...

Debt Ceiling, Big Spenders, and Hostage Takers

As the House caves to the Senate on the Continuing Resolution and the debt ceiling, the argument by the Beltway establishment crowd is simple: They want to avoid a default on America’s debt. Ignoring the falsehood that America would default if we hit the debt ceiling – we won’t – America’s alleged leaders could take the responsible route and cut spending to avoid the ceiling. In 2011, the big spenders argued that balancing the budget was too difficult, with deficits of $1.3 trillion and $1.1 trillion in 2012. These totaled approximately 40% and 30% of the federal budget, respectively. So how much would need to be cut from the ...

National Debt: $4 Trillion More with Nothing to Show for it

As the House looks to avoid the manufactured threat of default by raising the debt ceiling without spending cuts or other reforms, Senator Tom Coburn (R-OK) is standing against the dishonest rhetoric: Coburn started off by pointing out there really is no debt ceiling, since it has never stayed in place. CUOMO: So, no surprise to you. My first question is about your take that the debt ceiling isn't that important, that we can still pay our bills. A lot of people say that that is nonsense. Are you holding to that position? COBURN: Well, who says it's nonsense? The fact is, is we're eventually going to make hard choices, Chris. And the debt ...

Obama Administration Blinks on Debt Ceiling

In 2011, President Obama reiterated many times he would not negotiate on raising the debt ceiling with no concessions. Eventually, though, House conservatives held the line long enough to extract the Budget Control Act – which cuts too little, and raised the debt ceiling, but also was a step in the right direction. This year, the President has also said he does not want to negotiate. However, on Monday, this may have changed: President Obama would accept a short-term increase in the federal borrowing cap, rather than one lasting a year or more, a senior White House official said Monday. National Journal’s Ron Fournier explained why this ...

The Sky is Falling (Again) on President Obama’s Debt Ceiling

In 2011, President Obama talked often and dramatically about the risk of default if America hit the debt ceiling. Now he’s doing it again, using the same factually inaccurate claims: “As reckless as a government shutdown is … an economic shutdown that results from default would be dramatically worse,” Obama said on the morning of the third day of the government shutdown, at an event held at M. Luis Construction Company in the D.C. suburb of Rockville, Md. This time his fact-twisting targets senior citizens: “In a government shutdown, Social Security checks still go out on time. In an economic shutdown, if we don’t raise the debt ...

The Washington Post editorial board: Congress Isn’t Serious About Debt

Tuesday’s Washington Post editorial called on Congress to finally get serious about “the debt crisis.” We couldn’t agree more. The editorial hammered both parties and President Obama in particular, for failing to address the long-term spending problems facing America. From the editorial: Medicare and Social Security remain on track to crowd out other spending, slow economic growth and leave the government paying more in interest costs — 5 percent of GDP by 2038, compared with an average of 2 percent over the past 40 years. Just to keep pace, the government would have to tax more and more, or cut more and more, or both. The longer ...