Economic-policy expert: Financial crisis inevitable the longer Congress waits to address entitlement spending

So-called “autopilot” congressional spending – e.g., spending that Congress isn’t allowed to take its red pen to and eliminate from the budget, like food stamps, Medicare, Medicaid, social security – will soon become the bulk of the federal budget, leaving little room for discretionary spending like national defense. The Daily Signal has the scoop: Autopilot…

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U.S. News & World Report: U.S. ‘dangerously’ in debt

The U.S. has only to look at other nations’ financial crises to see what’s in store for us if Congress doesn’t tackle our mushrooming national debt, says one economic expert. U.S. News & World Report has the details: Recent research shows that economic growth is even more vital for a nation’s ability to sustain its…

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Tea Party Patriots Weekly Report from Washington for 7/17/16

CALENDAR: The House and Senate are both in recess, and will not return until Tuesday, September 6. LAST WEEK ON THE HOUSE FLOOR: On Tuesday, the House took up and passed H.R. 4768, the Separation of Powers Restoration Act (SOPRA), by a vote of 240-171. The bill, introduced by Rep. John Ratcliffe of TX, fixes…

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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…

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Oregon Obamacare co-op shutting its doors

Yet another state exchange created in the wake of the passage of Obamacare has come tumbling down. State officials from the Oregon Health Co-Op announced last week the insurance company is closing its doors, leaving its registrants scrambling to find new health insurance before the end of July. The Daily Signal has the details: Oregon’s…

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Illegal-immigrant households sucking the food-stamp program dry

Illegal immigrants who aren’t even eligible for federal food stamps are somehow syphoning resources from the program to the tune of billions of taxpayer dollars, according to officials at the Department of Agriculture. The Washington Examiner has the details: And rules guiding who can get food stamps favor households with illegal immigrants over all-U.S. citizen…

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