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Entries in Debt Ceiling (92)

Thursday
May092013

ALG's Daily Grind - What is the GOP's Debt Ceiling Strategy? 

May 8, 2013

What is the GOP's Debt Ceiling Strategy?

The debt ceiling suspension ends on May 19, but what do Republicans want?

Sarah Palin's Unheeded Example for the GOP

While she may not be the leader that any elective office needs, she sets a bright example for the GOP's emerging leader, whoever he — or she — might be.

Obama's Labor Dept Green Jobs Chief Resigns

Jane Oates had come under fire for the alleged mismanagement of the Job Corps program which was forced to freeze enrollments for three months due to overspending budgeted funds. 

Has the Conservative Party Learnt any Lessons from Ukip's Success?

"There has been a groundswell in the big world – the neglected majority of conservative voters has moved on"

Wednesday
Mar062013

ALG's Daily Grind - How to end overcriminalization 

March 5, 2013

How to end overcriminalization

Statutory law in America has expanded to the point that government's primary activity is no longer to protect, preserve and defend our lives, liberty and property, but rather to stalk and entrap normal American citizens doing everyday things.

Report: Treasury has option to default should debt ceiling be reached

1985 GAO Report: "The Secretary of the Treasury does have the authority to choose the order in which to pay obligations of the United States… Treasury is free to liquidate obligations in any order it finds will best serve the interests of the United States."

Sequester's Family Spending Conversion

The federal government's sequester is effectively the equivalent of a family cutting $45 a month to get their credit card debt under control, while spending $917 more each month that gets applied to the end of year balance.

Tuesday
Mar052013

ALG supports passage of Full Faith and Credit Act, urges it to be tied to must-pass continuing resolution

March 4, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement urging the House to pass H.R. 807, the Full Faith and Credit Act, that would prioritize interest payments to our creditors in the event the debt ceiling is reached, and to tie it to the upcoming continuing resolution due by March 27:

"We are pleased the Republican Study Committee has offered up the Full Faith and Credit Act that will ensure that never again is a vote on the debt ceiling treated as a vote on default. No president or Secretary of the Treasury should ever have the option of whether or not to service the debt. It is shocking that skipping payments is even allowable under the law.

"The House should tie passage of the Full Faith and Credit Act to the must-pass continuing resolution due March 27. It is critical that this occur prior to the next round of votes set to occur on the debt ceiling, which has been suspended until May 19, in order to take Obama's threat of default off the table in debt ceiling negotiations.

"If this reform is not passed by then, Obama will be able to run the table on Congress by again threatening default. Except this time, he could demand that the debt ceiling be indefinitely suspended or eliminated altogether, removing any legal constraint on the unbridled expansion of the debt, now nearly $16.7 trillion, a sinkhole which threatens to swallow not neighborhoods, but the entire economy and global financial system."

To view online: http://getliberty.org/alg-supports-passage-of-full-faith-and-credit-act-urges-it-to-be-tied-to-must-pass-continuing-resolution/

 

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.

Friday
Jan252013

NH GOP - SHEA-PORTER VOTES SENATE SHOULD BE PAID TO FAIL 

Concord, NH- Back in 2009, Carol Shea-Porter voted with Nancy Pelosi and Democrat Party leaders 98 percent of the time, according to the Washington Post. Well, one thing certainly has not changed: Congresswoman Shea-Porter's first votes back in Washington were lock step with the Democrat leaders. Continuing the mayhem that has ensued in Washington since April 2009, Shea-Porter voted against No Budget, No Pay yesterday. 


"It's simple logic. In the business world, if you fail to do your job you don't get paid," said New Hampshire Republican State Committee Chairman Wayne MacDonald. "Carol Shea-Porter is standing idly by while Harry Reid and Senate Democrats are failing to do their job and produce a budget, something that hasn't been done since April 2009. This is unacceptable and must be changed. 

"When a person is elected to the Senate, they need to understand that their number one job is to produce a budget. The Senate has not filled this basic government responsibility, but Carol Shea-Porter believes that Americans' tax dollars should still go to their salaries even when they are not serving their constituents."
Thursday
Jan242013

US Rep Shea-Porter Statement on Debt Ceiling Vote 

Washington, DC - Today, Congresswoman Shea-Porter released the following statement following today’s house vote on the debt ceiling.

“The debt ceiling should not be tied to any political issue, no matter how desirable the goal may be.  The markets need to believe that Congress understands that the money was spent by the United States, the money is owed by the United States, and the United States will pay its bills and meet its obligations—no strings attached, and no temporary fixes.”