Category Archives: debt ceiling

Debt Ceiling: Newt Gingrich says dont put nation in default

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Debt Ceiling Hostage: Rep. Fred Upton proposed cuts – no specifics, same lame talking

Spending With the national debt near $16 trillion for the first time in U.S. history, Congress must act to preserve our nation’s fiscal integrity and protect future generations. I support a number of provisions that would drastically reduce wasteful government … Continue reading

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The Fiscal Cliff etc..

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CEO’s Manifesto in Wall Street Journal: Raise Taxes to Balance the Budget

Visit NBCNews.com for breaking news, world news, and news about the economy Today’s Wall Street Journal ran a front page story focusing on a group of American CEOs and business leaders who are calling on our politicians to fix the … Continue reading

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Is Obama Over Spending?

Under Obama, U.S. Gov’t Spends At Lowest Rate In Decades, Says Journalist : NPR npr.org — Max Nutting, a journalist who writes for the MarketWatch website affiliated with The Wall Street Journal looked at the data and found that rhetoric … Continue reading

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Debt, spending grew under GOP leaders; Boehner, Ryan, McConnell

As we go into the election of 2012, it is worth remembering the condition of the nation almost four years ago when Republican President Bush left office in January of 2009. The national debt, at the end of fiscal year … Continue reading

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Republican candidates do not balance the budget

Study: 3 of 4 GOP candidates would pile up debt The Seattle Times‎ – 2 days ago Study: 3 of 4 GOP candidates would pile up debt … The GOP candidates‘ budget plans provide a contrast with Obama, whose 10-year … Continue reading

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Defense Spending – how bad are the cuts?

Would Pentagon Budget Changes Be ‘Devastating?’ We’ve been hearing that the Pentagon is facing more than $500 billion in budget cuts, which Defense Secretary Leon Panetta says would be “devastating.” But a Wall Street Journal columnist disagrees, and says they … Continue reading

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Spending: Republican Presidents vs. Democratic Presidents

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Super Committee, deficit reduction – Sen. Carl Levin’s 7 proposals

The letter identifies seven possible steps to eliminate wasteful tax expenditures and loopholes so as to share the burden of deficit reduction more broadly. As I say in the letter, “Those measures would not only reduce the deficit, but also … Continue reading

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