Posts Tagged ‘debt’
We Need the ‘Penny Plan’
Our debt has exceeded $21.5 trillion and continues to climb. While most politicians in Washington are a-okay with spending our country into oblivion, Sen. Rand Paul continues to push the budget that we have preferred for years – the Penny Plan. Sen. Paul recently reintroduced the Penny Plan in the US Senate, and yet again…
Read MoreIf Social Security Becomes Insolvent, What Does That Mean for Medicare-for-All?
According to a new report, Social Security will be insolvent and unable to pay the full value of promised benefits to recipients by 2035 and it will exceed its income by 2020. About 67 million people are currently recipients; however, if nothing changes, the program will have to impose cuts of 20 percent to all…
Read MoreNational debt rose more than $1.2 trillion in 2018 fiscal year
The fiscal year of 2018 ended on Sunday with the national debt rising to $21.516 trillion, with $1.2 trillion borrowed this fiscal year. The Washington Examiner has the details: On the last business day of fiscal year 2018, which was Friday, Sept. 28, the total debt had grown to $21.516 trillion. Friday was the first…
Read MoreRep. Ralph Norman: This ‘atrocious’ spending bill does nothing to clean up the Swamp
The 2016 election was a mandate to change the status quo and drain the swamp. Republicans promised to repeal ObamaCare and cut government spending. Under President Trump, they did deliver on promises to cut taxes and replace the late Justice Antonin Scalia with a constitutional conservative in Justice Neil Gorsuch, but the massive spending ‘boondoggle’…
Read MoreRep. Mark Meadows: This spending proposal is disgusting and reckless
After eight years of reckless spending under the Obama administration, Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer managed to strike a so-called budget “deal” that fails to serve the American people and only prolongs their suffering. Breitbart has House Freedom Caucus Chairman Mark Meadows’ take on the reckless deal: The budget…
Read MoreQuin Hillyer: The Senate budget deal is overwhelmingly irresponsible
The Senate budget deal worked out on Wednesday should be vetoed by President Trump immediately – if it passes Congress, that is. The agreement would bust budget caps for military spending and it would create an explosion in domestic discretionary spending that is unaffordable to a nation already suffering from years of massive deficit spending.…
Read MoreTea Party Patriots Citizens Fund Blasts Reported Congressional Budget Deal
Atlanta, GA – Tea Party Patriots Citizens Fund Chairman Jenny Beth Martin released the following statement today, responding to reports that Congress is close to a 2 year budget deal. “When will our so-called ‘Republican leaders’ ever learn to stick by their promises and previous statements? Republicans in Congress should step away from Chuck Schumer’s…
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