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Dear FreedomWorks member, As one of our million-plus FreedomWorks members nationwide, I urge you to contact your Senators and Representative and ask them to co-sponsor the Cut, Cap, and Balance Act of 2011.
Shootout at the Debt Hike Corral: 'Cut Cap Balance' or Die
It appears President Obama's strategy in the debt ceiling talks has been to do 4 things:
Increase Uncle Sam's credit limit by enough to get past reelection.
Pose as a fiscal centrist.
Neuter the GOP on taxes.
Thwart real entitlement reforms.
Until two days ago, his strategy was working.
FreedomWorks Announces "The Tea Party Debt Commission"
Treasury Secretary Timothy Geithner warns that America is just 40 days away from Armageddon. Don’t let the scare tactics fool you. Even if the debt ceiling is not raised, the U.S. will not necessarily default on its debt on August 2. It’s difficult to understand how anyone would still see Geithner as an authority on the economy due to his previous gaffes on everything from the “stimulus” to the Dodd-Frank financial overhaul law.
Democracy and Power 104: Future Debt Burden A government debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. Sennholz Federal politicians – Democrats and Republicans – have willfully and recklessly created an enormous and dangerous debt. Politicians cannot be trusted to be prudent and honest stewards of America’s finances.
The bipartisan debt ceiling talks are likely to produce a bad deal.The rumored agreement between President Obama, Senate Majority Leader Harry Reid (D-NV), and House Speaker John Boehner (R-OH) would entail roughly $2.5 trillion in promised spending cut
Albert Einstein once said “Insanity is doing the same thing over and over again and expecting different results.” If one is to use this definition of insanity, he or she must come to the conclusion that Ben Bernanke is insane. On Tuesday, Bernanke warned that if Congress