national debt

The US deficit is rising (both total and as a ratio to GDP) since Trump took office. The total deficit for 2018 was $779 billion. As of May 2019, the deficit for the year is $739 billion. Projections for 2019 total are $1.1 trillion. Since that would definitely break the debt ceiling, Dems...

http://newsok.com/president-obama-to-students-can-i-get-an-amen/article/feed/374351 "President Obama employed a little religious rhetoric today, speaking to students in North Carolina about his plan to lower interest rates for student loans. Obama told the...

Tea party to GOP: Don't spare Pentagon from budget ax Sounds good to me.

And what really happens if they don't raise it? Does that mean the US would default, or something less drastic? George Will on the debt ceiling: jf5eg_SAfno I think they would choose to first not pay federal employees and the military rather than not pay bondholders. In fact, I vaguely...

Listening to a Talk Of The Nation discussion yesterday on the proposed across-the-board cuts in government spending, and talk got down to the military. It was the opinion that military spending was a prime area for budget reduction, but how to proceed with two wars being fought and increasing...

http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html?hp So according to this, by simply taxing the rich at the levels in place during the Clinton years, and making cuts to defense spending and ending the wars in Iraq and Af/Pak, I was able to eliminate the deficit...

So, this isnt my usual forum, but I have known for a while that the US has a budget deficit (no **** Sherlock) but did not consider it ever (forehead palm). Deficit spending has led to a huge national debt. So what are the citizens of the US to do? To me the most practical (and...

So, this isnt my usual forum, but I have known for a while that the US has a budget deficit (no **** Sherlock) but did not consider it ever (forehead palm). Deficit spending has led to a huge national debt. So what are the citizens of the US to do? To me the most practical (and...

After eight years (or at least six) of Republican misrule that resulted in skyrocketing national debt, I was hoping that the new kid on the block would take it more seriously. He ran on the promise of a tax increase, and he hasn't delivered. On the spending side, though, he has come through...

http://www.cato-at-liberty.org/2009/11/27/obamacares-cost-could-top-6-trillion/ Would a $5 trillion dollar difference in the real cost versus what we are being told will be the cost constitute a mistake or a lie on part of those claiming the cost will be $1 trillion over 10 years? I say the...

People who worry about the national debt worry too much. It's really not that big a deal. Unless you expect progress in science and technology to come screeching to a halt sometime soon, standards of living and average purchasing power will continue to rise over time. The people of the future...

http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4&refer=worldwide And only made it deeper and longer? :D

Well? Don't we all deep down, think our debt must be a joke? We can joke that if you lined up 9 trillion dollar bills end to end, we'd be able to go to yoranus and back. They say that we should be concerned that our children and children's children (and etc.)will be paying this debt. Really...