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Entries in Public Debt (147)

Saturday
Oct262013

ALG's Daily Grind - Merely delaying individual mandate will not fix Obamacare

Oct. 25, 2013

Merely delaying individual mandate will not fix Obamacare

The Congressional Budget Office was expecting 7 million people to enroll in the insurance exchanges. If they do not, the insurance pool will not expand and the premiums for everyone else are going to go to the moon.

A time for debt vigilance

Slow down! Ten years ago, the national debt was an astounding 6.8 trillion dollars, fifteen years ago, it was 5.5 trillion and twenty years ago, it was 4.4 trillion.  After all the accounting tricks ended, the 2013 fiscal year ended with just over a 17 trillion dollar national debt.

Are faux conservatives more dangerous than liberals?

If an alien landed and observed the state of political discourse, it could easily believe that Ted Cruz and a dwindling band of kooks are the most dire threats to our public life. 

CNN anchor: Obama administration threatens reporters' jobs

Carol Costello says the Obama administration "do[es]n't like you to say anything bad about their boss, and they're not afraid to use whatever means they have at hand to stop you from doing that, including threatening your job."

Friday
Sep272013

NH GOP - KUSTER AND SHEA-PORTER SUPPORT MORE DEBT, OPPOSE CUTS TO RECKLESS GOVERNMENT SPENDING 

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Concord - Representatives Annie Kuster and Carol Shea-Porter sent a letter to President Obama yesterday supporting his plan to increase the debt limit without cutting wasteful government spending. Our national debt currently stands at over $16.7 trillion.

 

"It is disgraceful that Representatives Kuster and Shea-Porter are willing to saddle our country with more debt and refuse to work across the aisle to cut wasteful government spending," said New Hampshire Republican Party Chairman Jennifer Horn. "Kuster and Shea-Porter would rather give Barack Obama a blank check and push our country to the brink of insolvency because they lack the courage required to get our fiscal house in order."

 

A recent poll conducted by Bloomberg News (9/26/13) shows that 61% of Americans reject the radical Obama-Kuster-Shea-Porter plan to raise the debt limit without controlling wasteful spending.

 

"Despite overwhelming opposition from their constituents, Representatives Shea-Porter and Kuster are willing to get in line and blindly follow President Obama's reckless fiscal agenda. They are reminding Granite Staters that they have gone to Washington and lost touch with New Hampshire's fiscally responsible values." said Horn.

Wednesday
Jul312013

DNC - Sen. Corker Calls Out Fellow Republicans for Ridiculous Gov’t Shutdown Plan

Senator Bob Corker Calls out Republicans for "taking themselves out of the debate" by Threatening to Shutdown the Government

 

This morning, Senator Bob Corker called out his fellow Republicans for, "taking themselves out of the debate" by threatening to shutdown the government unless Obamacare is defunded. Corker joined an ever growing group of Republicans and conservative leaders criticizing this partisan stunt, calling it a “silly effort” and not “very courageous.” This is just the latest example of the extreme wing of the Republican Party resorting to obstructionist partisan ploys instead of engaging on the real issues important to the American people.

 

Watch: http://youtu.be/I2MMlDhPKkE

 

Transcript:

 

Chuck Todd: I want to move to the debate going on in your party and having to do with how the debt ceiling negotiation and sequester negotiations and whether funding of the President’s health care law should be used as a bargaining chip. What say you?

Senator Corker: I think it's a silly effort and what people are really saying who are behind that effort is we don't have the courage to roll up our sleeves and deal with real deficit reduction and spending decisions. We want to take ourselves out of the debate and act like we are being principled to the American people by saying if there is one dime of funding for Obamacare we are not going to vote for the CR. I don’t look at that as very courageous. Most of us see through it and realize these people are really just taking themselves out of the debate. We’ve got an opportunity to get our country right as it relates to fiscal issues. We have taken big steps and when people take themselves out of the game like this, I think people see through it and they understand what's really taking place.

Friday
Jun142013

ALG's Daily Grind - Does human nature compel overborrowing? 

June 14, 2013

Does human nature compel overborrowing?

If man always needs credit because of the need to grow and expand, and he is incapable of controlling credit and debt, then human nature is to indulge until it all collapses.

Virginia Republicans fail to protect tax-hiking incumbents

Two Virginia House of Delegates members primaried for passing the highest tax increase in the Commonwealth's history.

Liberalism is bankrupt

This worldview diagnoses government problems as merely a question of bad management or lack of funding, which is why federal government workers and contractors have become in the past decade some of the most highly educated and best paid people in America.

Bovard: The Reality of Feel-Good Government

"After nearly 20 years and billions of taxpayer dollars, AmeriCorps has little to show."

Sunday
Jun022013

CanKicksBack - Fmr. Gov. Mitch Daniels to Give "Tele-Commencement" Address on Millennials, Debt & Economy

 

 

 

 

 

 

Fmr. Gov. Mitch Daniels to Speak on the State of the Economy for College Graduates of the Class of 2013 and Young Americans

When: Tuesday, June 4 at 9:30 AM ET

Dial-in: 800-768-3591 | "Tele-Commencement" | RSVP

Who:

  • Mitch Daniels - President, Purdue University; former Governor of Indiana
  • Ryan Schoenike - Executive Director, The Can Kicks Back
  • Christopher Breene - Recent college graduate, University of Rhode Island
  • Emily Thuja - Young professional from Ithaca NY

What: Millennial unemployment stands at 11.1%, with many more young people underemployed and malemployed. This conference call will address the role that our growing national debt has on holding back economic growth and what needs to be done to fix the problem. The line will be open for media Q&A after the first 12 minutes of speakers' comments. 

About: The Can Kicks Back (TCKB) is a non-partisan, Millennial-driven campaign to fix the national debt and reclaim our American Dream. More info: www.TheCanKicksBack.org.