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Entries in Public Debt (137)

Friday
Sep212012

NH GOP - TIME TO CHANGE OBAMA/BIDEN 

Concord, NH- While Vice President Biden campaigns in New Hampshire today, we are reminded of why we must elect Mitt Romney in November. Today the Bureau of Labor released that in the month of August, the state of New Hampshire lost 600 jobs, increasing our unemployment from 5.4 to 5.7. While New Hampshire's average is still better than the nation's, it is clear that Obama's policies are not working and his statement rings true that he can't change Washington.  


"In 2008 Obama campaigned on 'hope and change' for America. Today, there is no more hope for this administration and even the President said himself that he 'can't change Washington from the inside,'" said New Hampshire Republican State Committee Chairman Wayne MacDonald. "If the President himself believes that he can't change anything in Washington, why does he deserve a second chance? We must elect Mitt Romney who will change Washington and put the nation on the right track to creating jobs and improving the economy."

Wednesday
Sep052012

RNC Releases 16 Trillion 

RNC Releases "$16 Trillion"

 

CHARLOTTE, NC - The Republican National Committee in conjunction with Romney for President releases "$16 Trillion" on the heels of the national debt surpassing 16 trillion dollars. Since moving into the White House, Barack Obama has added over 5 trillion to the national debt amid his promise to cut the deficit in half by the end of his first term.

Web video can be viewed here.

Web video can be downloaded here.

"The past four years Barack Obama hasn't offered any serious solutions to get our spending under control and instead he has run 4 straight years of trillion dollar deficits. President Obama's budget got zero votes in Congress and we can only expect more of the same inaction in a second term," said RNC Chairman Reince Priebus.

 

Wednesday
Sep052012

ALG - Debt tops $16 trillion, growing much faster than the economy

Sept. 4, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the national debt increasing to more than $16 trillion:

"The national debt has now topped $16 trillion, a monument to Obama's failure to rein in the deficit.  We're still borrowing over $1 trillion a year to pay for the massive explosion of government spending since he took office, growing at a pace far faster than the economy.

"All this 'stimulus' was supposed to bring the economy along with it. Instead, since Obama took office, the national debt has increased by a whopping $5.3 trillion, but the economy has only grown by $1.68 trillion. That's 3 dollars of debt for every dollar of growth. It seems the Keynesian multiplier has been turned on its head, as debt overwhelms our economy. This nation needs new leadership on the fiscal crisis that has become an economic crisis."

View online: http://getliberty.org/debt-tops-16-trillion-growing-much-faster-than-the-economy/

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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.

Wednesday
Sep052012

Guinta For Congress - Shea-Porter's record has added to our debt passing $16 trillion today 

“Former Congresswoman Carol Shea-Porter’s ultra-partisan record of runaway stimulus spending has substantially contributed to us reaching this unfortunate mile-marker of the U.S. National Debt passing $16 trillion.”

(Manchester – September 4, 2012) A number that affects every American hit an unfortunate mile-marker today as the national debt passed $16 trillion dollars.

Guinta spokesman Derek Dufresne released the following statement:

“Former Congresswoman Carol Shea-Porter’s ultra-partisan record of runaway stimulus spending has substantially contributed to us reaching this unfortunate mile-marker of the U.S. National Debt passing $16 trillion. Her continued support of a government take over of our healthcare system will only add to this number.

“Although both parties are responsible for getting us to this point, the former Congresswoman has done little to nothing to work on bipartisan solutions to try and avoid the unsustainable debt and deficits we are passing onto our children and grandchildren.”

Wednesday
Aug152012

ALG's Daily Grind - Debt drags down growth in U.S., advanced economies 

Aug. 14, 2012

Debt drags down growth in U.S., advanced economies

After a century of telling us savings and fiscal prudence was the enemy, we have come full circle, and now the banking cartel is declaring that all of the debt it has issued may have not been such a good idea after all.

Cartoon: Obama demands transparency

Now the Left wants to see Ryan's tax returns, too.

Video: Romney's VP Pick Brings Fiscal Responsibility To The Forefront

Paul Ryan has focused on fiscal responsibility in recent years, and now it will be an important aspect of the debate going forward.

Rhode Island Set to Convert Health Care Exchange into 'Dependency Portal'

Rhode Island Gov. Lincoln Chafee establishes a one-stop shop for residents to access Obamacare, food stamps and TANF (Temporary Assistance for Needy Families).