Let’s take a look at the last five U.S Presidents – Ronald Reagan, George H.W. Bush, Bill Clinton, George W. Bush and Barack Obama. Of these presidents, who do you think raised the nation’s debt the most? Go ahead, take a guess…
Tag: Debt
After eight years of the Bush Administration living way beyond its means and charging up a debt that has now put the country on the brink of disaster, NOW the GOP wants to introduce “cap, cuts and balancing” in their never-ending…
Republican Senator Lindsey Graham of South Carolina has a message for his Republican friends in Congress. Don’t blame the President or even the Democrats. Don’t blame anyone else for the mess over raising the debt ceiling, blame yourself. “Our problem…
When President Obama earlier stated that “nothing is agreed upon until everything is agreed upon”, no one really understood where the President was going in terms of the negotiations concerning raising the debt ceiling. Later when he put forth his plan for…
President Obama called the Republicans’ bluff today, when he stated clearly that he will not sign any short-term deal on the debt ceiling. When asked whether he would veto such a deal, the President replied, “I will not sign a…
Section 4 of the 14th Amendment of the United States Constitution says: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or…
If the debt ceiling talks fail, independent voters will see that Democrats were willing to compromise but Republicans were not. If responsible Republicans don’t take control, independents will conclude that Republican fanaticism caused this default. They will conclude that Republicans…