Only Rand Paul would halt the spending. The national debt hit $19 trillion for the first time ever on Friday, and came in at $19.012 trillion. It took a little more than 13 months for the debt to climb by $1 trillion. The national debt hit $18 trillion on Dec. 15, 2014. That's a slightly stepped-up pace compared to the last few $1 trillion mileposts. ... MORE
Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts
Pete Kasperowicz: National Debt Hits $19 Trillion
Only Rand Paul would halt the spending. The national debt hit $19 trillion for the first time ever on Friday, and came in at $19.012 trillion. It took a little more than 13 months for the debt to climb by $1 trillion. The national debt hit $18 trillion on Dec. 15, 2014. That's a slightly stepped-up pace compared to the last few $1 trillion mileposts. ... MORETexas Police Turning Into Mobile Debt Collectors
by John Cassidy. Reduced to tax collectors with badges. Two new technologies and one failed state program could make highway travel perilous for Texans traveling between San Antonio, Austin and Houston. Law enforcement agencies with jurisdiction over I-10 east of San
Antonio and I-35 between San Antonio and Austin have signed contracts ... MOREThe Congressional Budget Office Foresees A $30 Trillion Debt As A Result Of Looming Tax Hikes And Obamacare
by Stephen Dinan. The federal government will be flirting with $30 trillion in debt within a decade, the Congressional Budget Office
reported Monday, blaming an aging population, new spending and tax cuts
approved on Capitol Hill, and the growing burden from Obamacare for
erasing the progress Washington had made over the past few years. ... MOREThe State Of The Nation: A Dictatorship Without Tears
by John W. Whitehead. While only 1 in 5 Americans claim to trust the government to do what is right, the majority of the people are not quite ready to ditch the American experiment in liberty. Or at least they’re not quite ready to ditch the government with which they have been saddled. It doesn’t matter that the government has shown itself to be ... MOREJohn W. Whitehead: What’s In Store For Freedom In 2016?
You might want to sit down for this. As I illustrate in my book Battlefield America: The War on the American People,
we in the emerging American police state find ourselves reliving the
same set of circumstances over and over again: egregious surveillance,
strip searches, police shootings of unarmed citizens, government spying, ... MOREPeter Suderman: Democrats And Republicans Team Up To Bust The Budget With A $1.8 Trillion Spending Package
Politicians indulge themselves at taxpayer expense. One way to understand the massive federal spending package is as a compromise between Republicans and Democrats to ignore the deficit. The deal is made of two different elements—a 2,009-page omnibus that folds in 12 appropriations bills and calls for $1.1 trillion in spending, ... MORE
National Debt Spikes $578 Billion In Three Weeks
By Pete Kasperowicz. Spending frenzy after debt ceiling suspension. The national debt has surged more than half a trillion dollars in the last three weeks, as the suspension of the debt ceiling in late October has allowed the government to borrow as much as it wants. Before the debt ceiling was suspended, the national debt stood at $18.15 ... MOREFeds Collect Record 2015 Tax Haul: $19,346 Per Worker
by Michael Lotfi. Gov't overspent by nearly $530 billion anyway. According to a monthly treasury statement, through the first eleven months of fiscal year 2015 (Oct. 1, 2014 – end of August), the United States federal government has collected a record-breaking haul in tax revenue. In total, the feds have collected over $2.8 trillion so far, which ... MOREJohn W. Whitehead: The Real Issues That You Won't Hear From The 2016 Presidential Candidates This Election Year
Government's stealth tyranny. We now have less than one year until the 2016 presidential election. Despite the dire state of our nation, however, you can rest assured that none of the problems that continue to undermine our freedoms will be addressed in any credible way by the presidential candidates—certainly not if doing so might ... MOREEconomic Liberty Vs. Big Government Illusions
by John Hayward. Economic freedom is the practical expression of liberty – if we’re not free to sell our goods and labor, spending and investing the proceeds as we see fit, we’re not truly “free” to do anything except complain about how the government treats us. And if we don’t have access to valid information about the government, and ... MOREJohn W Whitehead: The Real Issues You Won't Hear From The 2016 Presidential Candidates This Election Year
The tyranny behind the curtain. We now have less than one year until the 2016 presidential election. Despite the dire state of our nation, however, you can rest assured that none of the problems that continue to undermine our freedoms will be addressed in any credible way by the presidential candidates—certainly not if doing so might ... MOREAfter Budget Deal, A Sense Of Futility Grows In Congress
by Nick Timiraos. Cowards kicking the can. Congress ended an 11th-hour showdown when the Senate passed a bill Friday that raises the debt ceiling for the last time during Barack Obama’s presidency. Many policy makers wish it could be the last such standoff in a long-running drama over the nation’s borrowing limit. The
brinkmanship has grown so ... MORE
Senator Mike Lee: Let's Be Honest About The Debt Limit
Here we go again. The federal government has predictably maxed out its credit card for the fifth time in the last four years. The Treasury Department now insists there will be “catastrophic economic consequences” unless the debt limit is raised by Nov. 3. If that wasn’t depressing enough, consider that Congress has less than two ... MOREStephen Moore: Winning the Debt-Limit Fight
Putting the brakes on exploding debt. During his eight years in office, Barack Obama is on pace to have increased the national debt by a horrific $8 trillion — and, ironically, the folks on Wall Street and the mavens of the media still portray congressional Republicans as the fiscal bad boys for trying to slow down the blizzard of borrowing. ... MOREStephen Moore: America's $12 Trillion House of Cards
A precarious situation indeed. What is the price tag for the audacious Obamanomics experiment? How much has it all cost — the bailouts, the debt, the stimulus plans, the printing of cheap money, Obamacare and all the rest? The answer to that question is just shy of $12 trillion. That's the sum of the $8.3 trillion added to the national ... MORE
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