Search results for: With the rising national debt
‘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:…
Read MoreNational debt to soar to 77 percent of U.S. gross domestic product by end of fiscal year
Spendthrifts in Washington, D.C. by the end of September will have sent our national debt soaring by three percentage points to 77 percent of gross domestic product, the greatest ratio of debt-to-GDP we’ve seen since 1950 when we were still paying down debt from World War II. The Washington Examiner has the scoop: The agency…
Read MoreBuchanan: National bankruptcy among ‘existential threats to the republic’
The severity of our national debt – which stands at $19.4 trillion – is being largely ignored by Congress and the media. That has to change. Otherwise, we’re headed off a cliff… The New Hampshire Union Leader has Pat Buchanan’s latest commentary on the issue: On Sept. 30, the end of fiscal year 2016,…
Read MoreWeekly Report from Washington 03/30/20
CALENDAR: The House and Senate are both in recess for the next several weeks. The House has not set a return date. The Senate has said it will come back on April 20. LAST WEEK ON THE SENATE FLOOR: It took longer than Senate Majority Leader Mitch McConnell wanted, and longer than he…
Read MoreTea Party Patriots Action Weekly Report from Washington for 2/10/20
CALENDAR: The House and Senate will come back Monday and stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House came back to work on Wednesday, after Tuesday evening’s State of the Union Address. On Wednesday, the House passed three bills under Suspension of the Rules. On Thursday afternoon, the first vote…
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