Editor: U.S. credit will max out when the world ‘loses confidence in the dollars we owe’

A financial historian who has been writing for decades about economics says it’s time to stop incurring debt otherwise we will soon find our proverbial credit card has been declined. TIME has the commentary: We owe more than we can easily repay. We spend too much and borrow too much. Worse, we promise too much.…

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Supreme Court divided over challenge to President Obama’s executive-amnesty order

  The Supreme Court this week is divided over a challenge to President Obama executive-amnesty order that would grant work permits to 5 million illegal immigrants. The New York Times has the story: A 4-4 deadlock seemed a real possibility, one that would leave in place an appeals court ruling that blocks the plan and…

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Jenny Beth Martin: U.S. tax code ‘an invitation for mischief’

Another time-sucking and expensive round of tax filings have come and gone for American taxpayers. Meanwhile, our leaders in Washington, D.C. are doubtful meaningful tax reform will take place this legislative season even though the U.S. tax code for years has been used to target Americans for their political beliefs. Tea Party Patriots Co-Founder Jenny…

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Tea Party Patriots Weekly Report from Washington for 4/17/16

CALENDAR: The House will come back into session on Monday, and stay in session through Thursday. The Senate will come back into session on Monday, and stay in session through Friday. LAST WEEK ON THE HOUSE FLOOR: The House began its week on Monday, with nine bills on the Suspension Calendar, and three bills brought…

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Former Senate Budget Committee Chairman: ‘It is still possible to stabilize our debt … so long as we fix our fiscal policy’

Former New Hampshire Governor and former U.S. Senator Judd Gregg in a recent column notes our national debt keeps ticking up, more than doubling from $8 trillion 10 years ago to now more than $18 trillion, and the number will continue to climb with disastrous effect unless our political leaders take decisive action and start…

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