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Blog

The Real National Debt Could be $210 Trillion

Recently, the Congressional Budget Office released their Long-Term Budget Outlook for 2015. The official CBO Outlook included some pretty scary figures. The forecast projects the deficit as a percentage of GDP to increase from below 3 percent, to nearly 6 percent in the next twenty-five years. Over the same time frame, the CBO forecasts national debt to increase to over 100 percent of GDP.

5 days ago
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Blog

Unfunded State Pensions: The Next Economic Crisis

In the last decade we have had a housing crisis, a banking crisis and a car manufacturing crisis. If student loan debt does not catch up with us first, the next economic crisis is likely to be state and municipality pension debt.

07/15/2015
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Blog

Greece: Incompetence, Deceit and Overspending Devastates Country

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

07/07/2015
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Blog

CBO Warns of Mounting Debt, Crickets from Congress

This week, the Congressional Budget Office came out with its Long-Term Budget Outlook for 2015. The report foreshadows growing deficits, mounting debt, and economic harm if the status quo is allowed to continue.

06/19/2015
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Blog

Obama's Latest Budget Proposal Shows a Weak Grasp on Reality

With another year comes another federal budget season, kicked off by President Obama’s budget proposal. Although his plan was shockingly delivered by the date required by law (for only the second time under Obama), perhaps the president and his team should have taken a few extra days to think it through. The proposal they released today is so shockingly tone-deaf and immune to fiscal realities that it would be comic if we weren’t talking about the actual future solvency of the United States government.

02/02/2015
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Press Release

Obama’s $4 Trillion Budget Joke

President Obama released his latest budget, a plan that would spend $4 trillion next year and $50 trillion over the next decade. The plan is packed with goodies from free community college to free preschool to increased infrastructure spending. The budget blows past the spending caps that Obama signed into law in 2011.

02/02/2015
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Blog

Governor Kasich seeks an Article V Convention

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

01/07/2015
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Blog Hit

The Top Ten Bad Votes of Senator Thad Cochran

Thad Cochran Voted to Let Harry Reid Fund ObamaCare

06/02/2014
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Blog Hit

Top Ten Reasons to Support Chad Mathis for U.S. Congress in AL-6

Chad Mathis is the founding board chairman of the Alabama Coalition for Charter Schools.

05/30/2014
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Blog

Youth Bail on Obama While Misery Index Increases

President Obama continues to lose the youth’s support-and fast. Just a few months ago, Harvard released a poll showing that 57% of Millennials disapproved of ObamaCare. That same poll showed that 54% of Americans from ages 18-29 disapproved of Obama, while only 41% approved. These statistics aren’t all that surprising, as Obama has made things extremely hard for the average millennial in his first 5 years. Student loan debt, job availability, ObamaCare and the overall national debt have crippled America’s youth.

03/03/2014

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