by Jane Richey | Dec 1, 2012 | Fiscal Responsibility, Politics
WASHINGTON (AP) — Figures on government spending and debt (rounded). The government’s fiscal year runs Oct. 1 through Sept. 30. Total public debt subject to limit Nov. 29– 16,283,989, 000,000 Statutory debt limit 16,394,000, 000,000 Total public debt...
by Jane Richey | Nov 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The punditocracy, like the oracles of old, has spoken. Obama won because of various and sundry reasons, most of which can be debated and none of which is the single, sufficient cause. But one reason, or unreason, was a definite and perhaps the single most important...
by Jane Richey | Aug 10, 2012 | Fiscal Responsibility, Politics
The Senate Budget Committee Republican staff under Ranking Member Jeff Sessions (R-AL) on Friday released the following chart: Click here to see the chart. As the chart clearly shows, it has been a full 1,200 days and $5 trillion in new debt since the...
by Jane Richey | Jul 14, 2012 | Fiscal Responsibility, Free Markets
Spain is the latest European country to enter the tough terms of a bailout, agreeing to slash spending and jack up taxes in exchange for the financial lifeline. Think that kind of fiscal emergency couldn’t happen here? While debt and deficits have fallen off...
by Jane Richey | Jul 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The national debt has now increased by more than $64,000 per federal taxpayer since Barack Obama was inaugurated president. At the close of business on Jan. 20, 2009, according to the U.S. Treasury, the total debt of the federal government was $10,626,877,048,913.08....