Such reckless spending harms the U.S. economy and detracts from claims of political centrism. You have to hand it to the Democrats, they’re consistent. At the beginning of every new administration, they miss the opportunity to demonstrate any degree of fiscal restraint or sanity that might mark them as a governing party. In 1993, despite running as a […]
On March 6, the Senate passed its version of the American Relief Plan (Bill). The Bill will go back to the House for review and vote on Tuesday, and it will ultimately be sent to the President for his signature. Checks will be in the mail, or on the Fed wire, before the ink dries. […]
‘Members of Congress should keep the gross national debt in mind when debating legislation that would affect the Nation’s fiscal situation’ Rep. Chip Roy (R-Texas) introduced a resolution Monday in the U.S. House of Representatives to keep lawmakers mindful of the rapidly ballooning federal debt. Roy’s “Know Debt” resolution would put debt clocks in the […]
Why was Biden unwilling to negotiate with GOP to arrive at a bipartisan compromise? Congratulations to President Biden, who just jammed his $1.9 TRILLION pork-stuffed “stimulus” bill through Congress with exactly zero Republican votes, smashing his campaign promise to govern as a moderate and unite the nation. The so-called “American Rescue Plan” is the largest bill ever passed in America’s history. It’s $1.9 with 11 zeroes, a number most of […]
The amount of U.S. National Debt has been a favorite pet peeve of mine for the many years I have written these articles. Sometimes, I almost feel like a voice in the wilderness raising the issue as our debt continues to spiral upward seemingly without concern. This has been a bipartisan problem as both sides […]
The Congressional Budget Office projected on Thursday that the federal budget deficit will begin to decline in the coming years as the United States economy recovers from the coronavirus pandemic but will rise again during the second half of the decade and climb steadily over the following 20 years.By 2051, the federal debt is expected […]
Rising US debt could pose a long-term threat to the nation’s economy and heighten the risk of a financial crisis The federal debt is poised to double to 202% of gross domestic product over the next 30 years, according to the Congressional Budget Office, heightening the risk of a financial crisis in the U.S. The nonpartisan office projected that […]
At our current rate of spending, the U.S. will be unable to confront major problems in the future because we’ve already stretched ourselves too thin. By Willis L. Krumholz MARCH 4, 2021 America’s debt and deficits usually are spoken of in terms of economics, but they have huge implications for national security. To see why, start with […]
WASHINGTON — The United States’ national debt is nestled in a brick-laden underpass just a block away from Times Square. It ticks away, month after month, year after year, never getting smaller, never slowing down. That national debt clock — the brainchild of the real estate tycoon Seymour Durst, who installed it on West 43rdStreet […]
Today the United States hit a milestone – $28 Trillion in national debt. Our national debt is higher ,and growing faster, than our economy with no end in sight and no plan or political will by our elected politicians to fix it – or even address it. Whose responsible – Elected Politicians aided and abetted […]
