Dems to lift debt ceiling by $1.3 trillion

This is ridiculous. Debt Ceiling: Should the United States of America pay its debts as it agreed to or should they default? Are you kidding me? Should the USA become a deadbeat country? Really? Each month when I receive my credit card statement, my utility bills, my car loan statement, I don't ask my husband: Should we pay these? We incurred the debt. We are OBLIGATED. We are already driving the car. We have alread ...

What started as hot air has now become a thunder cloud. Should Congress fail to reach a compromise to raise the debt ceiling, a multitude of economic sectors could take a hit—if not come to a screeching halt. We review the effects as forecasted by economists and ask “Should you worry?” The answer, in short: Yes, probably so. 1. Global economy: Asian and European stocks “shuddered,” on Monday, as William Alden of the Huffington Post put it, after Congress f ...

Filibuster denied. Took a lot of guts on the part of M. McConnell. TP will hit him hard in Kentucky. But he did the right thing. ...

Did they scurry into that dark place under the kitchen sink? ...

Mitch McConnell Debt Ceiling Plan: Senate GOP Leader Offers Alternative To Obama's 'Grand Bargain' WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.) floated a novel way out of default Tuesday, suggesting that Congress give up its power to raise the debt ceiling, and instead effectively transfer that authority -- and the political pain that comes with it -- to the White House for the remainder of Obama's current term. With eight days until the administr ...

Adam H. Rosenzweig from the Washington University School of Law proposes a different approach to ending the debt ceiling crisis: Let the Supreme Court resolve it as a Constitutional matter. What should happen when Congress and the President find themselves in a fiscal policy showdown resulting in a Constitutional violation? This question has risen to the fore in light of the recent political showdowns over the so-called “debt ceiling” crisis. Some scholars have argued that there ar ...

Washington (CNN) – There is no daylight between his vote against raising the debt ceiling as a senator in 2006 and his call for Congress to increase the limit in the next 10 days, President Barack Obama said Wednesday. “Nothing has changed,” Obama told WFLA in an interview. “I voted against a debt ceiling increase at the time because I had some concerns about what President (George W.) Bush was doing.” The president said he has “no problem” if members of Congress choose to v ...

a list of things to spend money on. We are on the brink of something. You can blame it on anyone you want, but prepare yourself. On March 16th of 2006, Reid took the Senate floor and delivered a speech on how raising the debt ceiling was part of an “unprecedented and dangerous borrowing spree.” http://www.youtube.com/watch?v=2GcON9yEiWk&feature=player_embedded This debt is unsustainable. Do some prepping now because when the SHFT, the unprepared will look like a migrating herd of s ...

For all those strict adherents to the Constitution, take note of Section 4: Section. 4. 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 rebellion, shall not be questioned. It would seem this brings into question the fundamental constitutionality of the imposition of a debt ceiling statute, which naturally is trumped by the Constitution. Look for th ...

Presidential candidate Sen. Bernie Sanders (I., Vt.), a self-identified socialist, is proposing the largest peacetime expansion of government in history, backing $18 trillion in spending in one decade, according to a tally by the Wall Street Journal. According to the U.S. Treasury, our current total public debt, including both debt held by the public and intragovernmental holdings, exceeds $18 trillion. Sanders’ new expenditures would match this amount in 10 years. Sanders would dedicate ...

lung cancer on top of emphysema and is facing a very serious surgery tomorrow (Thursday). Please pray for the surgeon and her as the fights this horrible disease. ...

Obama, Democrats blast Republican move; Salazar says regulators were lax msnbc.com news services updated 3:45 p.m. PT, Tues., May 18, 2010 // WASHINGTON - As an Obama administration official acknowledged lax regulation prior to the Gulf oil spill, Senate Democrats on Tuesday were foiled in their bid to dramatically lift a cap on oil companies' economic liability for spills. President Barack Obama said he was disappointed that the proposal had stalled in the U.S. Senate, and blas ...

Tehran will not sign a final nuclear deal unless world powers simultaneously lift economic sanctions imposed on Iran, the nation's president said Thursday. The United States, United Kingdom, France, Russia, China and Germany — the so-called P5 +1 group — reached an understanding with Iran last week on limits to its nuclear program in return for lifting crippling economic sanctions. The U.S. has previously said the sanctions would be lifted in phases, but the details have ...

AP WASHINGTON — American companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a hopeful sign for future economic growth. Two other indicators out on Tuesday — private surveys of home prices and consumer confidence — rose briskly, more signs of optimism. Consumer confidence rose in November to its highest level in almost five years, the Conference Board said. Orders for core capital ...

A federal appeals court refused Tuesday to lift a temporary hold on President Obama's executive action that could shield as many as 5 million immigrants illegally living in the U.S. from deportation. The U.S. Justice Department had asked the 5th U.S. Circuit Court of Appeals to reverse a Texas judge who agreed to temporarily block the president's plan in February, after 26 states filed a lawsuit alleging Obama's action was unconstitutional. But two out of three judges on a c ...

cover some ugly plaster on my ceiling and I thought this or ceiling wallpaper would be a good way to hide it. ...

Facts are facts but that won't stop the excuses. Let the spin begin! http://cnsnews.com/news/article/5-trillion-man-debt-has-increased-under-obama-502776147648456 The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 (CNSNews.com)- In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.Although he has served less than a term, Obama ...

Donald Trump’s election win sent a $2 trillion shock wave through global markets over the past month. That’s how much equities’ global market value has jumped. And that’s about the size of the loss in worth of the Bloomberg Barclays Global Aggregate Index of bonds, over the worst month for global bonds in dollar terms on record. Other assets were roiled, too: the yen plunged the most in 21 years against the dollar. It all amounted to a complete reversa ...

an immediate tax hike of $1.2 trillion, a $15,000 hit on every household in America, according to a new analysis of immigration reform. The authoritative National Academy of Sciences said the cost to give some 11 million illegals citizenship rights would be staggering... "The findings in the report indicate that if amnesty for illegal immigrants were enacted, the government would have to raise taxes immediately by $1.29 trillion and put that sum into a high-yield bank account to cover f ...

A group of executives who want to fight global warming has published a new report calling for countries to spend up to $600 billion a year over the next two decades to boost green energy deployment and energy efficiency equipment. The Energy Transitions Commission’s (ETC) report claims “additional investments of around $300-$600 billion per annum do not pose a major macroeconomic challenge,” which they say will help the world meet the goals laid out in the Paris agreement. ETC is mad ...

grew at the fastest rate in eight years in 2015, driven by the coverage expansion in President Barack Obama’s law and by costly prescription drugs, the government said Friday. The growth of 5.8 percent in 2015 boosted total health care spending to $3.2 trillion. That’s an average of $9,990 per person, although the vast share of that money is spent caring for the sickest patients.... ...

Drive through the slums of any major city in America, and it isn't very likely that you'll be looking at communities where the electorate is predominantly conservative, nor will these likely be found in districts that elect conservatives to office. You'll be looking at minority districts that have been failed NOT by conservative principles, but by years and decades of failed liberal policies and incompetent liberal political bosses. Then, look at the school districts in po ...

I am in so much debt due to divorce and my job cutting pay. Has anyone used a debt consolidation company with any success? I need to do something and just don't know where to turn. ...

National debt: $16,054,053,797,341 and climbing. Obama says this debt is not anything to worry about "in the short term." If the economy gets better, the interest rates will rise. Can your children afford the re-payment? ...

Does Debt Make You Uncomfortable? After years of being in debt where 90% was not even yours, you feel so much better being debt free. Then something comes up where you have to be in debt again with 80% having nothing to do with you with worry of where that could end up. Really not a fan of debt, I rather use funds that exist, however when something medical comes up there is only so much that can be done, even being needed ones does not have to be comfortable with it. ...

Dems to lift debt ceiling by $1.3 trillion

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