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Venango County Tea Party Patriots

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gross domestic product

Jane Richey / September 17, 2013

CBO Says Financial Crisis Likely

The Congressional Budget Office released its 2013 long-term budget outlook on Tuesday, stating that "a large and continually growing federal debt ...would increase the probability of a fiscal crisis for the United States." The report says under …

[Read more...] about CBO Says Financial Crisis Likely

Jane Richey / February 6, 2013

Still Headed Towards a Fiscal Cliff

Obama lately has acted as though most of the work has already been done to get the debt problem under control. At a recent press conference, he claimed that he's already cut long-term deficits by $2.5 trillion and that "closing some additional …

[Read more...] about Still Headed Towards a Fiscal Cliff

Jane Richey / January 31, 2013

US Debt Headed to 200 Percent of GDP

The nation's long-term fiscal outlook hasn't significantly improved following the recent agreement between Congress and the White House over tax and spending issues, according to a new analysis. The "fiscal cliff" deal, combined with the …

[Read more...] about US Debt Headed to 200 Percent of GDP

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