Posts Tagged ‘National Debt’

Romina Boccia, economic-policy-studies research fellow for the Heritage Foundation, in a recent commentary piece warns that our $20 trillion national debt puts our nation in a volatile position. LifeZette has the commentary: Soon the national debt will top $20 trillion. Three-fourths of that has been borrowed from domestic and foreign investors. The rest is money…

The effects of overextending ourselves as a country are real and, in three decades, will emaciate Americans’ already tight family budgets. The Daily Signal has the story: But deficit spending and unsustainable debt pose a significant threat to our economy. The House Budget Committee recognizes this threat, recently releasing a working paper highlighting the damaging…

The sheer magnitude of our national debt is mind boggling but something we have to address for the sake of our nation and for the sake of those most vulnerable in the event of a financial crisis. Forbes has the commentary: Since President Obama took office in 2009, the debt has grown by $9 trillion,…

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…

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,…

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…