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After legal limits on how much federal government debt could be issued returned in March, President Trump’s advisers began calling on lawmakers to increase the federal government’s authority to borrow and spend.
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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.
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President Obama on Tuesday predicted harm to Americans if Congress fails to raise the debt ceiling next week. My, my, my, what a difference being in power makes! Here’s what the president…
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President Obama said at his increasingly notorious press conference on Monday, “America cannot afford another debate with this Congress about whether or not they should pay the bills they have…
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EconomicsMediaPoliticsTaxesAn Astronaut’s View on: Osama bin Laden, the Debt Limit, Space and the Economy
Reactions to recent events by Harrison Schmitt — Heartland Institute Board member, former U.S. Senator (R-N.M.), and the last man (and first scientist) to set foot on the moon. (Cross-posted at America’s Uncommon Sense): bin Laden…
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Reactions to recent events by astronaut, former U.S. Senator from New Mexico and Heartland Institute board member Harrison Schmitt (cross-posted at Schmitt’s personal blog, America’s Uncommon Sense): Debt Limit The fiscal house…
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