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Congress is drunk at the wheel. Today the United States has officially hit the debt ceiling of about $14.3 trillion dollars, triggering the Treasury Department to implement emergency budgetary measures to avoid a government default. This is all a result of runaway, irresponsible, and flat out wasteful spending by Congress and the bureaucracies. In the United States
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 Boehner's Debt-Limit Marker
As a world superpower, America consumes vast quantities of energy. We heat our homes in winter, fuel our cars, and power our businesses. President Obama’s energy policy is costing Americans; gas prices continue to rise and American jobs are disappearing.
Did you hear the joke about how a “Tea Party” candidate in Western New York supports tax increases, tariffs and refuses to reform the federal budget? Karl Marx, a philosophical ally of Republican turned Democrat turned Tea Party chameleon Jack Davis would have mused, “History repeats itself, first as tragedy, second as farce.”
Informed, true grass-roots activism is how America will take its first steps toward change, but unions using individuals in Astroturf protests will only maintain the ineffective and harmful status quo. It is no secret that public schools across the nation are producing more and more ”drop-out factories”. The state as well as the student is harmed. High school dropouts from the class of 2008 will cost the state nearly $8 billion in lost wages over the course of their lives . Pennsylvania is no exception.
The next major debate scheduled to rock Washington is the issue of the nation’s debt ceiling, or in other words the level of aggregate debt the government can legally accumulate as stipulated by Congress. The current debt limit of $14.249 trillion is fast approaching; the federal government will run out of budgetary measures to avoid default this August. The fast approaching deadline has many worried about whether or not the ceiling will be raised in order to sustain continued federal spending. Is this concern correctly placed? Should we be worried more about reachin
Tallahassee, FL- Newly-elected Florida Governor Rick Scott (R) is helping to set the pace for governors who want to be seen as limited government stalwarts that can put good ideas into law.
With the debt ceiling battle looming large on the horizon, many are discussing the budget situation. Despite the variety of proposals being floated by those on both sides of the isle, Harvard professor Jeff Miron, PhD makes one thing perfectly clear: entitlement spending must be reformed and cut. In this video, he illustrates the problem that entilement spending has created and how programs like Social Security, Medicare, and Medicaid will continue to drive Federal spending out of control.
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