Debt
Democratic Senator: “Trillions in Debt, ‘Nothing to Show for It”
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. […]
Regarding spending during his time in office he said, “We have managed to acquire $13 trillion […]
Obama’s failed stimulus program cost more than the Iraq war (Budget Deficit Analysis)
Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.
The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the […]
Obama Calling “Bluff” Of Those Complaining About Debt He Created
President Obama on controlling the debt: “Somehow people say, why are you doing that, I’m not sure that’s good politics. I’m doing it because I said I was going to do it and I think it’s the right thing to do. People should learn that lesson about me because next year when I start presenting […]
$130 Trillion - What We Owe
[click to see the cover of the current NR magazine] About that $14 trillion national debt: Get ready to tack some more zeros onto it. Taken alone, the amount of debt issued by the federal government - that $14 trillion figure that shows up on the national ledger - is a terrifying, awesome, hellacious number. […]
US NATIONAL DEBT RISE TO $19,600,000,000,000.00 BY 2015 (Thanks to Obama)
June 8 (Reuters) - The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.
The report that was sent to lawmakers Friday night with no fanfare said the ratio of debt to the gross domestic product would rise to […]
Federal Government Borrowed approximately $4.9 Billion Each and Every Day Since Obama Became President
Today, the United States Department of the Treasury confirms that the total combined United States national debt has just reached and exceeded a new milestone of $13 trillion:
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/20/2009 […]
The Obama Debt Tracker - Total combined national debt officially reaches $13 trillion milestone
Today, the United States Department of the Treasury confirms that the total combined United States national debt has just reached and exceeded a new milestone of $13 trillion:
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/20/2009 […]
Greek Debt Woes Ripple Outward, From Asia to America
The fear that began in Athens, raced through Europe, and finally shook the stock market in the United States is now affecting the broader global economy, from the ability of Asian corporations to raise money to the outlook for money-market funds where American savers park their cash.
What was once a local worry about the debt […]
Hillary Clinton Blasts Greenspan on Debt, Says It Is a Threat to National Security
ABC News’ Kirit Radia reports: Secretary of State Hillary Clinton took a swipe at Alan Greenspan today, saying the former Federal Reserve chair’s “outrageous” advice led to a ballooning national debt that Clinton said is now a threat to national security.
“I served on the budget committee in the Senate, and I remember as vividly as […]
Greece Paid Goldman $300 Million To Help It Hide Its Ballooning Debts
In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules while continuing to spend beyond its […]