Debt Ceiling

OBAMA’S OPPOSTION TO INCREASING DEBT LIMIT IN 2006

  January 17, 2013 Notable & Quotable Barack Obama addressing the Senate in 2006 about why he opposed efforts to increase America’s debt limit. Then-Sen. Barack Obama, in a speech on the Senate floor, March 16, 2006: Mr. President, I rise today to talk about America’s debt problem. The fact that we are here today […]

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THE MYTH OF GOVERNMENT DEFAULT

   January 11, 2013 Rivkin and Casey: The Myth of Government Default The Constitution commands that public debts be repaid. There is no such obligation to fund entitlement programs. By DAVID B. RIVKIN JR. AND LEE A. CASEY  EXCERPT FROM THIS ARTICLE: …..since the federal government’s roughly $200 billion in tax revenue per month is

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THE EDUCATION OF JOHN BOEHNER

  January 7, 2013 The Education of John Boehner Leverage for the next clash: GOP willingness to let the spending sequester take effect. By STEPHEN MOORE What stunned House Speaker John Boehner more than anything else during his prolonged closed-door budget negotiations with Barack Obama was this revelation: “At one point several weeks ago,” Mr.

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THE DIRTY DEBT-CEILING FIGHT – WHAT WILL THE GOP DO?

  January 4, 2013 Strassel: The Debt-Ceiling Fight Will Be Dirty The GOP thinks it will win, but the party’s strategy is far from clear. By KIMBERLEY A. STRASSEL EXCERPT FROM THIS ARTICLE:  Question three: What other hostages are Republicans willing to see shot? Knowing he has lost his tax trump card, Mr. Obama seamlessly

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THE HISTORY OF OUR GROWING GOVERNMENT

  Published on The Weekly Standard (http://www.weeklystandard.com) The Real Cliff The staggering debt from decades of continuous government borrowing is about to come due Christopher DeMuth Christopher DeMuth is a distinguished fellow at the Hudson Institute. December 24, 2012, Vol. 18, No. 15 EXCERPT FROM THIS ARTICLE:  Ronald Reagan and Jack Kemp were authentic supply-siders,

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OBAMA’S ARROGANT OVERREACH – PAT CADDELL

  BREITBART.COM Obama’s Arrogant Overreach—and the Republican Opportunity by Patrick Caddell     3 Dec 2012  In the “fiscal cliff” negotiations, the Republicans are in desperate need of a game-changer. That is, the current dynamics in Washington DC are so bad right now for Republicans that they are likely to go off a political cliff. President Obama and the

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TO INFINITY AND BEYOND – DEBT PROJECTIONS

« If Obama wins, he should thank Bernanke The Fed: The new Supreme Court? » To infinity and beyond! This is the debt chart Obama and Geithner should be ashamed of By James Pethokoukis February 16, 2012, Testifying before the House Budget Committee today, U.S. Treasury Secretary Tim Geithner told Chairman Paul Ryan the following: “We’re

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