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national debt

As the U.S. creates debt at new record levels, is there expectation of a global debt jubilee down the road?

In August the Obama administration borrowed a record $151 billion for a single month, setting for the course for 2016 to see an increase in the national debt of $1.36 trillion.  In fact, America’s debt […]

The same Congress who allowed debt ceiling to reach $20 trillion now says it is a threat to national security

On Sept. 14, the House Budget committee published a speech where they asserted that the nation’s $19.5 trillion national debt is now a security threat to the stability of the country. In their oratory on […]

January ends with U.S. debt crossing over $19 trillion

A new report came out on Feb. 1 showing that the national debt has now crossed over $19 trillion, making it extremely likely that the U.S. will end Obama’s term in office with a debt […]

President of debt: Newest budget signing will have Obama on cusp of doubling National debt

When Barack Obama signed the newest Congressional budget bill on Nov. 2 that would last through March of 2017, he added to his ongoing legacy of being one of the least fiduciary responsible President’s in […]

Next Democrat hopeful wants to follow in Obama's footsteps by doubling national debt

Socialism works until you run out of other people’s money.  This is a famous quote that was attributed to the former Prime Minister of Britain during the final decade of the Cold War, and during […]

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