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Blog

CBO Report: More Spending, More Debt Over Next Ten Years

The Congressional Budget Office (CBO), on Tuesday, released its first budget outlook report of the new year, offering a look at the fiscal picture for the next ten years, FY 2018 through FY 2027. It isn't pretty.

01/28/2017
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Blog

Trump Administration's Proposed Spending Cuts Are a Good Start

So-called "progressives" are absolutely losing their collective minds about proposed spending cuts that the incoming Trump administration is planning. The Hill reported Thursday that the administration, which will take power today at noon, has a blueprint that calls for $10.5 trillion in spending reductions over the next ten years.

01/20/2017
Your Guide to the National Debt (Part 4)
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Blog

Your Guide to the National Debt (Part 4)

“Never complain of that of which it is at all times in your power to rid yourself.” – Adam Smith quoting Greek Stoic philosopher Epictetus, chapter I, section II, and part VII of The Theory of Moral Sentiments, originally published in 1759.The national debt is a tremendous burden on our country, ourselves, and our posterity.

01/24/2013
FreedomWorks Busts Myth Of Debt Ceiling And "Not Paying Our Bills"
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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:

01/17/2013
FreedomWorks Letter Supporting Five Bills to Eliminate Mandatory Spending in ObamaCare
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Blog

FreedomWorks Letter Supporting Five Bills to Eliminate Mandatory Spending in ObamaCare

Dear FreedomWorks member, As one of our one million-plus members who support free markets, I urge you to contact your representative and ask him or her to support several bills to amend ObamaCare. The new health care law provided billions of dollars in mandatory spending for numerous new programs. This funding procedure ultimately reduces congressional oversight by shifting power to the Executive Branch. All of the following five bills would increase congressional responsibility and oversight by converting ObamaCare’s mandatory spending to discretionary spending:

03/30/2011