National Debt

Posted by John at 5:28 PM I have assumed that a vote to increase the federal Debt ceiling is inevitable, on the ground that there isn't any practical alternative. That is what Republican Congressional leaders have been saying. The general assumpt…

Two high-profile Republicans have come out against raising the federal Debt Limit. Gov. Chris Christie of New Jersey and former . . . Go Newly elected chairman Reince Priebus has fired the 2012 convention staff. In a statement to the press, Prieb…

NEW YORK, Jan. 17 (UPI) -- Former Minnesota Gov. Tim Pawlenty added his voice to the chorus of people calling on congressional Republicans to block an increase in the U.S. Debt ceiling. Pawlenty, considered a likely 2012 Republican presidential ho…

John Kerry gave a Speech last week at the Center for American Progress that should become the marching song for every liberal in this country. He was clear: The last 10 years have cost us too much, and if the hyper-partisan tone doesn't change to …

States beginning their Budget preparations for the next Fiscal Year will find their coffers billions of dollars short of Federal Aid that has helped them weather their fiscal crises for the past couple of years. The $186 billion in federal stimu…

Like this Story? Share it: (AP) WASHINGTON - The United States just passed a dubious milestone: Government Debt surged to an all-time high, more than $14 Trillion. That means Congress soon will have to lift the legal Debt Limit to give the nearly…

COMMENTARY | As President Barack Obama prepares to ramp up his run in for a Second Term as president, it is still anybody's guess as to what the defining issue of the 2012 Presidential Campaign will be. However, barring a major geopolitical …

WASHINGTON – The United States just passed a dubious milestone: Government Debt surged to an all-time high, more than $14 Trillion. That means Congress soon will have to lift the legal Debt Limit to give the nearly maxed-out government an ev…