PsyWar and Washington DC’s Bureaucracy
Lack of market force corrections combined with PsyWar propaganda yields unstoppable parasitic growth. Just in case you didn’t notice, since the 1980s we have developed a very big problem which is...
Tag: Debt Ceiling
Why Is America Addicted to Debt?
America has a debt problem. This week’s news headlines, dominated by the battle over the debt ceiling bill, are the perfect reminder of this. The battle wasn’t over whether to add...
Biden and McCarthy: Debt Ceiling Standoff Continues
Both Biden and McCarthy held their ground, with the president asking Congress to raise the limit without conditions, and McCarthy demanding spending cuts and limiting future government spending. ...
“Public Debt Clause” Could End Debt Ceiling Crisis
Whatever happens in the next several weeks to end this crisis, the only true long-term solution is to cut all unconstitutional spending and limit the federal government to its proper function....
Biden Risks National Default With Refusal of Republican Budget Plan
The White House called the Republicans' plan "extreme MAGA" and refuses to discuss the debt limit. ...
McCarthy Seeks Spending Cuts in Debt-ceiling Compromise
Speaker of the House Kevin McCarthy (R-Calif.) spoke at the New York Stock Exchange on Monday, revealing a budget plan that would allow a debt-ceiling increase and keep the federal government from...
Freedom Caucus “Sets Fire” to Biden’s Proposed Budget
The House Freedom Caucus countered with their own budget proposal, which they claim would balance the budget by 2033. ...
Senate Panel Told Debt Default Would Be Catastrophic
While President Joe Biden touted his soon-to-be-announced deficit-cutting budget proposal this week, a Senate Committee was digesting the testimony of economists and experts who spoke on the harsh reality the U.S....
Can McCarthy Find “Common Ground” With Biden on Debt Ceiling?
Can he compromise on the budget and debt ceiling and keep the support of House Freedom Caucus members? ...
Republicans Demand Spending Cuts Before Raising Debt Ceiling
No matter what happens with the debt ceiling, it will be the American taxpayer who will once again have to pay for our fiscally irresponsible government. ...