Search Result for “debt ceiling”
National Debt Hits $32 Trillion Two Weeks After Debt Ceiling Deal – Govt Spent $476 billion on Interest Costs Only
The country is deteriorating right before our very eyes. Look around you. Where did this unimaginable amount of money go? The national debt is number one threat to US national security. The Biden regime has already spent $1.2 trillion more than it collected. Recent passage of the costly Inflation Reduction Act, ongoing military …
If No Debt Ceiling Deal By Early June, Stocks Crash, The Economy Implodes, & Social Security Payments Don’t Go Out
We are being warned that there could be some real serious economic doom at the beginning of next month if the Democrats and the Republicans cannot agree on a deal to raise the debt ceiling. Experts are telling us that the stock market will crash, the economy will immediately plunge …
Congress Ignores Real Debt Ceiling Drama
Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase. Perhaps the reason they did so this time was because the legislation also promised …
Debt Ceiling Hysteria & Hypocrisy
This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and Senate Democrats agree to include spending cuts with the debt ceiling …
More Unconstitutional Spending In Debt Ceiling Compromise
For once, I’d just like to see the US Congress only spend money on what the Constitution gives them the authority to spend money on, but it’s not going to happen. The latest debt ceiling compromise has demonstrated both the hypocrisy of Speaker of the House Paul Ryan and the …
The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins…
On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised. For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, …
Don’t Mention the Warfare/Welfare State in the Debt Ceiling Debate!
The US Treasury’s recent announcement that the government will reach the debt ceiling on November 3 means Congress will soon be debating raising the government’s borrowing limit again. Any delay in, or opposition to, raising the debt ceiling will inevitably be met with hand-wringing over Congress’ alleged irresponsibility. But the real …
US Debt Climbs Over $20 Trillion After Ceiling Debt Deal
Last week, President Donald Trump demonstrated that he’s more than willing to work with Democrats to push us further in debt by raising the debt ceiling rather than get spending under control like he promised on the campaign trail. Following that little song and dance last week, the US federal …
Bank of America: U.S. Debt Will Top $50 Trillion
Bank of America is warning the American slave class to expect the national debt to top $50 trillion. Citing data from the Congressional Budget Office, the U.S. national debt is very likely to surge by $20 trillion over the next decade. That is if the entire global debt-based fiat currency …
We Have Reached The Terminal Phase Of The Greatest Debt Spiral In The History Of The Human Race
If you are going to go out, you might as well do it with a bang. At the beginning of June, our national debt was sitting at $31,467,639,287,894.39. Today, it has risen to $33,442,148,619,617.43. That means that we have added almost two trillion dollars to the national debt in just three months. It …