National Debt

House Democrats today blocked passage of a constitutional amendment that would have required the federal government to balance its budget. H.J. Res. 2, a proposed Balanced Budget Amendment to the Constitution, was...
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During Obama's jobs speech tonight, Obama outlined his American Jobs Act. There were many things he said that were just silly and the math does not add up. 1) American Jobs Act is NOT paid for and will use Debt...
NRCC - President Obama’s share of the national debt this week surpassed $4 trillion, with the total national debt standing at over $14.6 trillion, giving him the dishonorable distinction of having presiding over “the most...
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This article by Linda Chavez discusses, specifically in England but present in other European countries as well and growingly in the US, a moral decline that has seen a great increase in out-of-wedlock births, a d
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This past week we have seen a confluence of some of the most astonishing financial events in our lifetime. It started with the last minute debt ceiling deal that pleased no one and did little or nothing to reduce the nation...
The crash of last week showed the brilliant people they really weren’t so brilliant after all. After several bail outs of Greece and the collapse of the Greek welfare state, Europe woke up to the fact that Italy and Spain...
 NRCC - DEBT NOW GREATER THAN 100% OF GDP; TRANSLATION: AMERICA OWES MORE THAN THE SIZE OF THE ECONOMY. “US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was...
On Monday, I reluctantly supported the debt ceiling compromise for several important reasons. First, America will run out of money in early August, putting us at risk of a default. The ratings agencies have threatened to...
After months of meetings, speeches, threats and dire warnings of a US government debt default, Congress this week finally gave in to the pressure and passed another massive debt ceiling increase. It was a great show for the...
Regardless of who is declared the winner in the current debt ceiling debacle, the loser will be Obama for a simple reason, Obama owns the economy and the economy sucks. No matter how the mainstream media handicaps this, the...
Today, I released the following statement in response to the House vote on a Balanced Budget Amendment to the United States Constitution:Today the House had the opportunity to move forward on a common-sense, permanent...
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Update: Go to Bottom of Article to See How You can Help Wildfire Victims and FireFightersIn an effort to save the forests, our actions might actually be destroying the forests. In the same way, the U.S. Government’s...
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The following was sent in from Texas State Representative John Garza's campaign: Last week’s headlines focused on the United States losing its AAA bond rating. While stocks plummet this week, our first response is that this...
Most of us realize that the recent debt deal did not accomplish even a hint of genuine agreement on spending cuts. Instead, the deal struck includes raising the debt ceiling, future (unspecified and unenforceable) spending...
Speaker Boehner Pres Office - Following another disappointing jobs report and S&P’s decision on the United States’ credit rating, Rep. Michael Grimm (R-NY) urged President Obama in the Weekly...
The recent unemployment numbers gave the administration some breathing room since instead of sucking totally, they were merely mediocre. It presents a challenge to Republicans since the big debates on the budget have really...
The vote in Congress this week to raise the debt ceiling shows the power of the people to change the debate in Washington. In 2010, the American people changed the terms of our ongoing debate over federal spending and debt....
NRCC - Democrats took advantage of the focus on the debt limit last week to push through their job-destroying environmental agenda, announcing new regulations that may destroy up to 220,000 auto industry jobs, outlining a...
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Today I announced I will support the Budget Control Act of 2011 and released this statement:Last November the message from the American people was crystal clear: end reckless, out-of-control spending and return fiscal sanity...
NRCC - Senate Majority Leader Harry Reid’s deficit plan is the only plan that at this point hasn’t passed a single house of Congress, and may not pass any house of Congress:REID PLAN REJECTED BY THE HOUSE: (H.R. 2693, Sen....

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