Posts Tagged ‘National Debt’
President Obama left behind a mountain of debt – see how it compares to President G. W. Bush’s spending
Former President Barack Obama exited the White House Friday having knocked Former President G.W. Bush’s spending record out of the park by nearly double, adding $9.3 trillion to the national debt. The Washington Free Beacon has the details: When Obama took office on Jan. 20, 2009, the outstanding public debt totaled $10,626,877,048,913. On Jan. 20,…
Read MoreYouth organization: So-called youth-misery index increased 36 percent under President Obama
Young America’s Foundation, a conservative nonprofit dedicated to educating young people about American civic engagement, says its Youth Misery Index – calculated using youth-unemployment, student-loan and national-debt-per-capita numbers – increased 36 percent during President Obama’s tenure. Young America’s Foundation has the full report: Young Americans, a generation that provided critical support to the President in…
Read MorePresident-elect Trump taps fiscal conservative to head Office of Management and Budget
President-elect Donald Trump picked Rep. Mick Mulvaney (R-S.C.) to head the Office of Management and Budget, whose mission is to assist the president in overseeing and preparing the federal budget and supervising its administration among the executive branches of leadership. “We are going to do great things for the American people with Mick Mulvaney leading…
Read MoreSenator Lankford releases second “Federal Fumbles” report
Sen. James Lankford (R-Okla.) recently released his second edition of “Federal Fumbles: 100 Ways the Government Dropped the Ball,” documenting wasteful government spending of the last few years. “The book highlights irresponsible grants, similar or even identical programs that exist across multiple federal agencies, and money spent inefficiently. For many of the entries, you will…
Read More‘Other’ spending is expanding the national debt by trillions
Think you understand the size and scope of the national debt? It’s growing much more quickly than you think thanks to the many ways the government borrows money, according to an analysis from the Washington Examiner. While most people assume the national debt grows each year because of the budget deficit, that’s not the only way…
Read MoreSenator Lankford: ‘Burdening debt’ threatens national defense
Sen. James Lankford (R-Okla.) this week announced at that, the end of the month, he will release his second annual “Federal Fumbles” report, a publication intended to draw attention to and encourage lawmakers to curb wasteful government programs that increase our debt which, says Sen. Lankford, threatens military readiness. The Daily Signal has the story:…
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