national debt

‘After us the flood’

Rep. Tom McClintock, Washington Times

The RSC budget gores every sacred cow in the federal government, and partisans of the status quo will howl in protest. But we are running out of time and running out of options. Those same voices have placed us on a collision course with bankruptcy, and countries that bankrupt themselves aren’t around very long. Every expert who has appeared before the House Budget Committee has agreed that on our current trajectory, it is only a matter of time until a sovereign debt crisis brings down our country. And time is not our friend.

Washington Offers Up Bread and Circuses, but the U.S. Is Remarkably Resilient

John Fund, National Review

We cannot follow our present course indefinitely before the lack of seriousness catches up with us. Adam Smith, the 18th-century father of modern economics, once reassured a friend that there was a “great deal of ruin in a nation,” by which he meant that it takes an awful lot to bring down a powerful and prosperous state. So while we should be pleased our country appears to be handling its current stress tests, we shouldn’t ignore the earthquakes that could come if we don’t pursue permanent reforms.

$21 trillion reasons to fix the budget process

James Lankford and Tom Coburn, Washington Times

In the future, no one will remember the current stock market highs when we face the reality of deep debt and limited economic options. It is time to stop following the well-worn path of deficits and start leading our nation down the road less traveled toward financial health. President Trump campaigned on Making America Great Again. It’s time that we all start working to Keep America Great for the next generation. Hopefully, the Select Committee on Budget and Appropriations Reforms can produce a bipartisan common sense solution that begins to solve our debt crisis.

Obama’s real debt and deficit legacy

Stephen Moore, Washington Times

Mr. Obama’s failed presidency is being falsely lionized as a deficit cutter. The new spin from the left is that Mr. Obama saved the U.S. from a second great depression, when in fact he gave America the weakest recovery from a recession since the Great Depression. He also left Mr. Trump with an economy that was crawling at 1.6 percent— which is why many people thought we were headed to another recession. No one thinks that today.

The Only Way President Trump’s Infrastructure Plan Works

The focus on projects that contribute to GDP growth is what makes the President’s plan workable – or at least worth considering – in this age of massive deficits. Congress should keep the focus there and resist the temptation to siphon money off to boondoggles (like bike paths, parks and trails) that do not produce a return on investment through GDP growth.

Your Mission During August Recess: Start The Debt Ceiling Battle

All presidents want a clean debt ceiling increase. The only way automatic debt ceiling increases will stop is if grassroots conservatives turn out and demand that spending be cut, as President Trump’s budget proposed, and that Congress implement debt reforms now.

Coalition to Reduce Spending Launching "What’s my Congressman’s Number?"

The Coalition to Reduce Spending has created “What’s my Congressman’s Number,” a new project for spending accountability. When it launches in 2017, everyday Americans will be able to view, in real time, how much money their Representatives and Senators are spending.

Dr. Jerry Falwell, Jr.: Americans Must Unite Behind Trump And Pence Or Suffer Dire Consequences

It is naive or deceptive for conservatives to claim that a write-in vote or a third-party vote will not benefit Clinton. A vote for Donald Trump and Mike Pence is a vote for more freedom and less government, a vote for national security and responsible immigration policy, a vote to finally fight radical Islamic terrorism. It is a vote to rebuild America’s respect overseas and a vote for strict-constructionist and pro-life Supreme Court justices.

Hillary Clinton’s America: More Debt, More Regulation and Leftist Courts

Our economy has not seen a single year of growth above 3 percent while President Barack Obama has been in office. The reasons why our economy is still struggling are because our already government taxes and spends far too much, and in Clinton’s America, we can expect more of the same.

National debt hits $19.5 trillion

Pete Kasperowicz, Washington Examiner

The national debt hit $19.5 trillion for the first time ever this week, a little more than seven months after it hit the $19 trillion mark. When President Obama took office in early 2009, the total debt was $10.63 trillion, which means it has almost doubled under his watch.

The Real Existential Threats of 2016

Patrick J. Buchanan, WND.com

A question logically follows: If one belongs to that third of the nation that pays no income taxes but receives copious benefits, why would you vote for a party that will cut taxes you don’t pay, but take away benefits you do receive? Traditional Republican platforms ask half the country to vote against its economic interests. As a long-term political strategy, that is not too promising.

This Is More Dangerous Than Terrorism

There’s another threat that is every bit as dangerous – if not more dangerous – than importing jihad, and that’s the threat of economic meltdown caused by out-of-control congressional spending.

Sorry Friends, If You Are #NeverTrump Then You Are #4Hillary

By Richard A. Viguerie, CHQ Chairman
I still think Ted Cruz is the best candidate conservatives had in the race, but he is unfortunately not the candidate who won a majority of the delegates – that distinction goes to Donald Trump – and it is to Trump that right-of-center voters will have to look if our country and constitutional liberty are to survive. Don't buy that argument? Then look in the mirror and read this list...

Feds will ring in 2016 buried in debt of $58,000 per person

Rudy Takala, Washington Examiner

Federal debt increased by nearly $700 billion this year, according to the Treasury Department, reaching a record of $18.8 trillion or $58,000 per person. Put in perspective, that represents an increase of more than $5,000 per U.S. household, bringing the household total to nearly $160,000. That falls just short of double the amount owed when President Obama took office in 2009, when each household shared a bit more than $90,000 of the debt.

Rand Paul: Left and Right Have Made Unholy Alliance to Explode the Debt

CNSNews.com Staff

Before the Senate voted on Friday for a budget deal that eliminates any legal limit on the federal government’s debt until March 16, 2017, Sen. Rand Paul of Kentucky gave a speech on the floor saying that the right and left in Congress came together in “an unholy alliance to explode the debt.”

Boehner-Obama Spending Deals Have Increased Debt $3,970,023,503,348.07

Terence P. Jeffrey, CNS News

Ever since March 4, 2011, all federal spending has been authorized by laws that first passed a Republican-controlled House led by Boehner and then were signed by President Obama. At the close of business on March 4, 2011, the federal debt was $14,182,627,184,881.03, according to the Treasury. At the close of business on Oct. 22, 2015, it was 18,152,650,688,229.10.

If You Like Your Tax Day, Republicans Are Letting You Keep Your Tax Day

The cost of government isn't what it taxes, it is what it spends. While tax collections are at record highs, so is spending, the deficit and the national debt. And there's only one branch of government that controls spending -- and that's the United States Congress. While they talk a good game spending has soared under Republican control and shows no signs of abating under the present leadership. We urge you to check to see if your local Tea Party is hosting a Tax Day rally or sign waving and then join them in sending Congress a message: Stop the spending, End the deficit, Pay off the debt.

Winning the Election Means Zilch If We Don’t Win the Agenda

Strident Conservative, Red State

GOP leaders won’t work to overturn OCare. They won’t address huge fed. spending until 2015. They won’t use the power of the purse to stop O’s agenda. They won’t stop amnesty. They will do whatever it takes to “work with Obama” to get things done.