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Here we go again…
The U.S. is expected to hit the $16.4 trillion debt ceiling by the end of February.
That means that we can expect more partisan bickering in Washington over whether to raise the debt ceiling—with or without spending cuts. It has now become typical for Washington to stumble from one manufactured crisis to the next instead of fixing the root cause of the problem.
FreedomWorks Busts Myth Of Debt Ceiling And "Not Paying Our Bills"
The repeated refrain from the likes of Paul Krugman and Jay Carney is that we MUST increase the debt limit so that we don't default on the full faith and credit of the United States, and that we continue to pay our bills. Indeed, on Monday, President Obama chastised Congressional Republicans for making spending cuts mandatory in any debt ceiling negotiation:
In the days leading up to President Obama announcing his gun control plans, and now that he has, the focus of Republicans and Conservatives has been squarely on his ever-encroaching attack on the Second Amendment. While the important debate over gun rights continues, we should not forget another vastly important detail.
The FreedomCast: Episode 4 - Senator Jeff Sessions on the Nomination of Jack Lew
On today’s podcast Senator Jeff Sessions of Alabama joins me to talk about the nomination of Jack Lew as Treasury Secretary. Why he’s the wrong man for the job, what you can do to stop his confirmation and hey, why do we even need a treasury secretary - we have no money?
Why Fitch Could Downgrade the U.S. - And Why They're Right to Do So
As with most events in life, timing was everything. Fitch Ratings, Ltd. released a statement Tuesday announcing its intention to lower the U.S. credit rating unless the Administration and Congress can incorporate responsible fiscal policy (i.e., a balanced budget) into the upcoming debt ceiling debate. The press release took on special meaning in light of the presidential press conference less than 24 hours before, during which Obama pledged to ignore any deals from Congress matching the debt-ceiling increase with equal spending cuts.
Obama and Religious Freedom Day; A Hypocritical Head-Scratcher
“I, Barack Obama, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim January 16, 2013, as Religious Freedom Day.”
Ceilings and Shutdowns: Understanding Government at an Impasse. A FreedomWorks Issue Analysis
The more forgiving amongst us may feel some genuine pity for Health and Human Services Secretary Kathleen Sebelius. On one hand, President Barack Obama loaded her department with the mammoth task of writing up the thousands of rules and regulations that will constitute the real weight of ObamaCare. On the other, he charged Secretary Sebelius with the even more onerous duty of convincing a (rightfully) skeptical American public that the new 2,801 page health care reform law represented a landmark achievement that would benefit all citizens. So far, this hasn't gone so well.
A three judge panel comprising the Shawnee Country District Court in Kansas has ruled that the Legislature violated the state Constitution by reducing funding for public education. The cuts have come at a time when local governments have struggled to collect enough tax revenue to fund local services and initiatives. The lawsuit, brought by a coalition of 54 Kansas school districts was hailed as a victory by Alan Rupe, the plaintiff’s attorney.