Once again the United States government is rapidly approaching a fiscal debt ceiling: After March 16, 2017, Uncle Sam will not be legally allowed to borrow any more money to cover its budget deficits, unless Congress votes to raise the debt limit.
No wonder the national debt is at nearly $17 trillion—and ticking higher every day. Polls repeatedly show most Americans believe that reducing the budget deficit should be a top priority,…
President Obama tells the nation that Congress must increase the debt limit because they “should pay the bills that they have already racked up.” Let me translate that into household…
My initial reactions to Obama’s speech: 1) Dull, dull, dull! Nothing inspiring or even interesting. 2) He spent more time and gave more detail attacking the opposing plan than he…