173 results for search: Gross


Congressional Budget Office: U.S. federal debt in 2035 projected to exceed historic high

The U.S. federal debt is ballooning and expected to exceed U.S. gross-domestic product by 2035 – a bleak projection that even has officials at the Congressional Budget Office admitting that, if something isn’t done to curb the nation’s financial woes, our debt could soon spell worldwide financial disaster. The Hill has the details: The United States is less than two decades away from exceeding its highest recorded level of federal debt, according to the non-partisan Congressional Budget Office (CBO). The CBO projects that U.S. federal debt will pass 106 percent of the country's gross domestic product (GDP) by 2035, in its second long-term ...

Tea Party Patriots Weekly Report from Washington for 7/10/16

CALENDAR: The House will return on Monday, July 11, with the first vote scheduled for 6:30 PM. The House will stay in session until Friday, with no votes later than 3:30 PM. And then begins the Summer Recess, which will last for seven glorious weeks, until Tuesday, September 6. The Senate will return on Monday, July 11, with the first vote scheduled for 5:30 PM. The Senate will stay in session until Friday, at which point begins the Senate’s Summer Recess, which will also last for seven glorious weeks, until Tuesday, September 6. LAST WEEK ON THE HOUSE FLOOR: The House was in recess for the Fourth of July break from Friday, June 24 ...

Sen. Cruz weighs in on FBI’s white-glove treatment of Hillary Clinton

On the heels of FBI Director James Comey’s announcement he isn’t recommending the Justice Department pursue criminal charges against former Secretary of State Hillary Clinton for transmitting state secrets on a private unsecure email server, Sen. Ted Cruz (R-Texas) released his own indictment of the Obama-administration officials letting her off scot-free. "While I have tremendous respect for the dedicated men and women of the FBI, I have serious concerns about the integrity of Director Comey’s decision, and how it threatens the rule of law,” Sen. Cruz says in a statement released Tuesday. Director Comey said there is evidence Clinton ...

FBI Director Comey: Clinton, colleagues ‘careless in their handling of very sensitive, highly classified information’

FBI Director James Comey Tuesday announced the bureau will not recommend criminal charges be leveled at former Secretary of State Hillary Clinton for transmitting state secrets via an unsecured, personal email server but did say that Ms. Clinton was "careless," sending 110 emails then-considered classified. “Although we did not find clear evidence that Secretary Clinton or her colleagues intended to violate laws governing the handling of classified information, there is evidence that they were extremely careless in their handling of very sensitive, highly classified information,” Mr. Comey says in his prepared statement. Director Comey’s ...

Reps. DeSantis, Jordan: ‘Congress has the duty to hold [IRS] Commissioner Koskinen accountable’

Two U.S. House members this week published a joint opinion piece decrying President Obama’s crooked IRS Commissioner John Koskinen – both calling for the commissioner to be impeached after the agency executive looked the other way as evidence critical in the agency targeting scandal and subpoenaed by Congress was destroyed. The Washington Examiner has the details: Reps. Jim Jordan, R-Ohio, and Ron DeSantis, R-Fla., also said Koskinen hid the fact that evidence was destroyed for four months, even as he promised all the documents would eventually be provided. "Congress has the duty to hold Commissioner Koskinen accountable for failing to live ...

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Tea Party Patriots Weekly Report from Washington for 5/15/16

  CALENDAR: The House comes back into session on Monday, May 16, and will be in session through Thursday, with last votes expected no later than 3 PM. The Senate will return to session on Monday, May 16, and will be in session through Friday. LAST WEEK ON THE HOUSE FLOOR: The House came back into session on Tuesday, and took up 21 bills under Suspension. But I’m going to skip most of what happened on the House floor last week, because the only thing of great significance that happened was the consideration and passage of a dozen and a half different but related measures, all dealing with various aspects of the nation’s ...

Columnist: Obama’s proposed budget would result in a national debt that by 2026 is 77 percent of GDP

Investor’s Business Daily Columnist John Merline breaks down the economic impact of President Obama’s proposed last budget as commander in chief noting it will increase taxes and balloon spending so much so that our debt will be more than three-fourths of our gross domestic product. Read John Merline’s analysis: According to the [Congressional Budget Office], Obama’s budget would, if implemented, boost taxes by $2.8 trillion and increase spending by $401 billion over the next 10 years. While it would trim 10-year deficits somewhat, annual deficits would climb every year after 2018, from $383 billion that year to nearly $1 trillion by ...

Tea Party Patriots Weekly Report from Washington for 3/20/16

  CALENDAR: The House returns Monday, and will be in session through Wednesday. Then they’ll break for the Easter recess, and will not return until Tuesday, April 12. The Senate is now in recess for the Easter break, and won’t come back into session until Monday, April 4. I apologize for my error last week, when I said the Senate wouldn’t be coming back until April 12.   LAST WEEK ON THE HOUSE FLOOR: The House began its week Monday, taking up 14 bills on the Suspension Calendar. We discussed two of these bills briefly last week – H. Con. Res. 121, expressing the sense of Congress “condemning the gross ...

Tea Party Patriots Weekly Report from Washington for 3/13/16

CALENDAR:  The House returns Monday, and will be in session through Thursday. The Senate will be in session on Monday, and will stay in through the rest of the week. At the end of the week, the Senate will recess for the Easter break, and won’t come back into session until Tuesday, April 12.   LAST WEEK ON THE HOUSE FLOOR:  The House was in recess last week.   THIS WEEK ON THE HOUSE FLOOR:  The House will return Monday, and kick off its week with votes on 14 bills to be considered under Suspension of the Rules. Two of those bills deal with the crisis in Syria – the first, H.Con.Res. 121, would express the ...