Posts Tagged ‘National Debt’
Jenny Beth’s Journal: The Solution to Our Spending Crisis is the Penny Plan
A recent poll came out showing a high level of support for a solution to the growing spending crisis. The penny plan would require the government to reduce the budget by one penny for every dollar it spends annually for five years. The Hill has Jenny Beth’s commentary: The new poll, commissioned by Club for…
Read MoreInnovation is One of Our Greatest Strengths
Are we destined to repeat history as other once great empires have with their out-of-control debt? It’s possible, but it’s also avoidable. Why? America has something that these failed empires don’t have … Entrepreneurs. The Washington Times has the story: The country or the society that can make the best use of these complex new…
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 MoreTea Party Patriots Citizens Fund Weekly Report from Washington for 6/11/18
CALENDAR: The calendar is the same as last week – the Senate returns on Monday, and the House returns on Tuesday. The Senate will likely finish its work on Thursday, because that’s still a full workweek in the Senate, and the House is scheduled to stay in session through Friday. LAST WEEK ON THE HOUSE…
Read MoreTrump’s rescission package is a step toward fiscal responsibility
President Trump promised to make America great again and cutting unnecessary spending is a part of that dream. This week, President Trump announced that he would be asking Congress to rescind $15 billion of unspent funding in an effort to tackle the latest budget deal and work toward reducing the national debt. “We are grateful…
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 MoreTea Party Patriots Citizens Fund Weekly Report from Washington for 3/12/18
CALENDAR: The House will return on Tuesday, and stay in session through Friday. The Senate will come back on Monday, and will stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House came back to work last Monday and passed two bills under Suspension of the Rules. On Tuesday, the House passed…
Read MoreDaily Signal: Spending cuts are better for the economy than tax hikes
Thanks to President Trump, the recently passed Tax Cuts and Jobs Act is a great first step to reviving business confidence in the U.S and boosting economic growth. However, if the Republican party doesn’t follow through on their campaign promise to minimize spending, America will take two giant leaps backward. The Daily Signal has the…
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.…
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