Posts Tagged ‘National Debt’
Will Republicans Fight For Their Voters? Or Will They Cave?
By Jenny Beth Martin There is a conservative majority that voted to put Republicans in power. When the act of voting is divorced from the conduct of governing, voters begin to ask, what is the point of voting? These conservative voters gave Republicans control of a unified government – at least in name…but the policies…
Read MoreMr. President, Do NOT Give Congress a $2 TRILLION Blank Check!
With Congress returning to Washington next week after a month off, reports indicate that certain members of the Trump Administration want to raise the debt ceiling without passing critically necessary spending reforms or including items vital to our national security. In fact, reports indicate the outlines of a deal already in the works: a $2 trillion increase…
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 MoreCalif. Rep. McClintock: U.S. national debt is ‘out of control’
U.S. Rep. Tom McClintock during a recent speaking engagement in El Dorado Hills, California underscored how severely in the hole our nation is from a financial perspective – something we’ve known for years but need Congress to act on right away. The Folsom Telegraph has the details: “Spending is out of control,” he said. The…
Read MoreU.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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