Contact FreedomWorks

400 North Capitol Street, NW
Suite 765
Washington, DC 20001

  • Toll Free 1.888.564.6273
  • Local 202.783.3870
Your Guide to the National Debt (Part 3)
null
http://d7.freedomworks.org.s3.amazonaws.com/styles/thumbnail/s3/te_social_media_share/fw_default_0.jpg?itok=mX_C44GW
Blog

Your Guide to the National Debt (Part 3)

The problem of the national debt can seem overwhelming. How do you address $16.4 trillion in gross debt, or even $11.5 trillion in debt held by the public? Congress is gridlocked, President Obama doesn't want to deal with it, and the Congressional Budget Office estimates that we will spend $3.554 trillion this fiscal year, thereby adding another $641 billion to the debt. Caught in such a difficult situation, the problem appears insurmountable.

01/11/2013
Germany Taking the Path Less-Traveled
null
http://d7.freedomworks.org.s3.amazonaws.com/styles/thumbnail/s3/te_social_media_share/fw_default_0.jpg?itok=mX_C44GW
Blog

Germany Taking the Path Less-Traveled

It looks as if President Obama and Congress could take a few economics lessons from Chancellor Angela Merkel. While the US is going to try to spend her way out of the financial crisis by putting more taxes on the American people to finance the stimulus package, Chancellor Merkel has opted for the path less-traveled—the more laissez-faire path that is. Although hardly a perfect model (Germany did spend billions of euros to bail out her banks), Chancellor Merkel is not going to implement higher taxes in an attempt to fix the economy. With elections on the horizon and a projection of a 6% drop in GDP, the Chancellor is getting serious about making economic growth her priority.

06/30/2009