1043 results for search: Deb


The Blaze: National debt just rounded $19 trillion

The U.S. national debt Friday rounded the corner on $19 trillion for the first time in our nation’s history. The Blaze has the scoop: After $18 trillion on Dec. 15, 2014, it took a 13 months for the debt to reach the new threshold, which is a slightly quicker climb in debt from years past. It took about 14 months for the debt to reach $16, $17 and $18 trillion. Though the national debt has been a hot-button issue for Republicans, and reduction in spending has been a cornerstone of many GOP presidential candidates’ campaigns, spending does not seem to be on the decline. In fact, over the last few years, the federal government has been free ...

Report: President Obama misled Congress during debt-ceiling showdowns

A House Financial Services Committee report obtained by The Daily Caller reveals Federal Reserve Bank of New York officials ran exercises during multiple congressional debt-limit crises demonstrating the federal government could function over the course of a temporary government shutdown – contrary to what President Obama said as he was selling Congress on an increase to the debt ceiling. The Daily Caller has the inside story: The staff report, to be released Tuesday, charges that [Treasury Secretary Jack] Lew and other Obama administration officials deliberately misled Congress and the public during the federal budget and debt limit showdowns ...

Iowa-based CEOs: It’s time for Washington to tackle our national debt

Chief executive officers from three Des Moines, Iowa-based businesses – Fred Buie of Keystone Electrical Manufacturing; Dan Houston of Principal Financial Group; and Robert Ritz of Mercy Medical Center – sounded off this week about the national debt during a pre-caucus roundtable, saying our debt curbs innovation and growth. The Des Moines Register has the details: “I expect to see the next administration … control costs, but we’ve got to figure out a way to grow the economy. It’s been about 2 percent per year for the last three or four years and that’s just not enough,” said Fred Buie, president of Keystone Electrical Manufactur...

National Review: Plans to tackle our national debt need to be front and center

The national debt isn’t a scintillating topic; we get it. But ignoring it won’t make our debt and all the troubles associated with it go away. It’s time for the issue to get more airtime from politicians this year. National Review has the scoop: Judging from the presidential campaign so far, perhaps we should put the debt’s image on a milk carton somewhere. In the last Republican debate, there was precisely one question on the debt — and the candidates answered it by talking about their tax plans. That was far too typical. According to the FiveThirtyEight website, “the deficit” was mentioned an average of two times in the first five ...

Economist: Entitlement reform needed to shrink the national debt

Diana Furchtgott-Roth, economist and senior fellow at free-market think tank the Manhattan Institute, says entitlement spending ought to be a priority in 2016 if Republican lawmakers are sincere in their calls to rein in our national debt. Ms. Furchtgott-Roth outlines her ideas in a recent column for MarketWatch: The December budget agreement completely neglected entitlement reform, particularly changes to Social Security and Medicare. In 2015, the national debt surpassed $18 trillion for the first time, driven by record federal spending. Over 60 percent of federal spending is entitlement programs. Every passing day in which entitlement reform ...

5 of the best quotes against the national debt

The total U.S. national debt to date is a whopping $18,807,234,015,463.93, roughly $58,000 per citizen(!), according to Ed Hall who used information from the Treasury Department to calculate the number. While the push to repeal Obamacare in the Senate reconciliation bill moves to the House and then to President Obama's desk, it's the perfect time to remember why conservatives need to continue to push for an end to out-of-control spending in Washington: because — in the words of U.S. Senator Mike Lee — letting future generations foot the bill is "taxation without representation." Here are leaders past and present who remind us why we need ...

Explained: Here’s Why Voting YEA on the Rules of Debate Supports Boehner’s Budget Deal

Members of Congress are culpable for a “deal” that will break spending caps and suspend the debt ceiling if they don’t prevent the “deal” from coming to the floor in the first place. To stop the “deal” from coming to the floor, House Republicans must break with their party and vote “no” on the rule for the bill. Speaker Boehner and President Obama have reached a budget deal after weeks of negotiations that will increase spending by $80 billion and suspend the federal borrowing limit until March 2017. The next step is for the House Rules Committee to advance a rule governing debate over the budget ...

‘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.

National Debt


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 ...