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Tag Archives: Federal Deficit Spending
Deficit Again Expected to Top $1 Trillion
By KRISTINA PETERSON And DAMIAN PALETTA WASHINGTON—The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as the economy continues to grow at a sluggish pace, the nonpartisan Congressional Budget Office predicted Tuesday. Congress’s official budget scorekeeper projected a sober outlook in its semi-annual report Tuesday, forecasting that [...]
Posted in Budget, Congress, National Debt, Solid Principles, Wall Street Journal
Tagged as: Budget, CBO, Congressional Budget Office, Economy, Federal Deficit Spending, Wall Street Journal
European banks see debt threat in U.S. as well as at home
The deadlock in Washington over how to avoid a government default increasingly threatens to strike another blow to Europe’s ailing financial system because of the tremendous sum of Treasury bonds and other U.S. debt held by banks across the Atlantic. If the United States defaults and its top-notch credit rating is downgraded, European banks [...]
Reid: Tea party’s days are numbered
Senate Majority Leader Harry Reid believes the tea party’s days are numbered. By: Shira Toeplitz POLITICO “The tea party will disappear as soon as the economy gets better. And the economy’s getting better all the time,” Reid said in a pre-recorded interview with NBC’s “Meet the Press,” scheduled to air Sunday. Reid argued that [...]
Posted in Harry Reid, Health Care, Politico, Sharron Angle, Solid Principles, Tea Party
Tagged as: Federal Deficit Spending, Harry Reid, Obamacare, Politico, Tea Party
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111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S.
By Terence P. Jeffrey CNS News The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury. That equals $10,429.64 in new debt for each and every one of the 308,745,538 [...]
Posted in 2010 Elections, Congress, Deficit Spending, Democrats, Economy, History, Nancy Pelosi, National Debt, Republicans, Solid Principles
Tagged as: 110th Congress, Congress, Deficits, Democrats, Federal Deficit Spending, Nancy Pelosi, Republicans
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There’s No Avoiding ‘Repeal and Replace’
It’s essential for limited government. By: James Capretta NRO Scores of House and Senate candidates are campaigning on a platform of reestablishing limited government. There could hardly be a more encouraging development for our republic. After decades of legislators’ piling countless new programs on top of old ones, and two years of the most intense [...]
Thousands Show Up At Tulsa Food Pantry Friday
[Editor's Commentary: Instead of using the news photo that accompanies this article, I have used this 1933 image from our media library to make a point. If we don't take back Congress this November, I fear this country may be headed for another Depression. No matter what the polls say this fall, you must vote [...]
Posted in 2010 Elections, Congress, Economy, Solid Principles, Take Back Congress
Tagged as: 2010 Mid-Term Elections, Economy, Federal Budget Deficits, Federal Deficit Spending, Food Lines, Food Pantries, Take Back Congress 2010, The Great Depression, Unemployment, www.solidprinciples.com
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Political Cartoons: Michael Ramirez
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