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Tag archive for ‘raising the debt ceiling’
By Guest Author On Monday, December 11th, 2017
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Just How Bad is the US Debt Situation?

At a macroeconomic level, total US debt stands at $20, 593,984,866,096. That translates into an average debt of $63,097 per citizen, or $170, 423 per US taxpayer. From the government’s perspective, federal tax More...

By Brandon Jones On Friday, September 8th, 2017
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Trump sets ‘gentlemen’s agreement’ with Chuck Schumer, Nancy Pelosi to permanently remove the debt ceiling

President Trump and Senate Minority Leader Charles E. Schumer (D-N.Y.) have agreed to pursue a deal that would permanently remove the requirement that Congress repeatedly raise the debt ceiling, three sources told More...

By Brandon Jones On Thursday, December 11th, 2014
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Government shutdown: Congress battles ‘Cromnibus,’ debt crisis as new deadline looms

Congress is struggling to pass a massive spending package with less than 12 hours to go before a potential government shutdown. In a sign of just how tough Thursday would be, House Speaker John Boehner had a hard More...

By Brandon Jones On Thursday, February 13th, 2014
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Ted Cruz loses battle over debt ceiling conditions, 12 Republicans join Dems to increase borrowing

Congress passes an increase to the country’s debt limit through March 2015, which will allow federal borrowing without any conditions after a dramatic shift in voting Wednesday. Republican Ted Cruz pressed More...

By Brandon Jones On Friday, October 18th, 2013
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Florida governor candidate Adrian Wyllie departs from ‘Fix the Debt’ saying it’s about ‘political cover’

The Florida ‘Fix the Debt’ chapter was a group organizing leaders from all political parties to devise and enact “solutions to fix the debt.” Adrian Wyllie gaining ground in the Florida race for governor? More...

By Brandon Jones On Saturday, October 12th, 2013
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Obama won’t deal, House takes a break as the Senate leaders talk

Republican leadership told the Republican caucus during a Saturday morning meeting that the president will not accept their proposal to raise the debt limit for six weeks. photo donkeyhotey donkeyhotey.wordpress.com House More...

By Robert Herriman On Wednesday, January 23rd, 2013
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Senator Rand Paul introduces Default Prevention Act, ‘My legislation takes the possibility of default off the table so we can continue to push for fiscal restraint’

YouTube Screen Shot Kentucky Senator Rand Paul introduced Tuesday in the senate the “Default Prevention Act”. The Act would require the President to prioritize federal revenue to interest on the national More...

By Robert Herriman On Wednesday, February 17th, 2010
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More hypocrisy: the raising of the federal debt ceiling

Two weeks ago when the Congress agreed to raise the debt ceiling another $1.9 trillion dollars all I could do is shake my head. Yes, Mr Obama and the current Congress is way out of control and heading in the direction More...


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