national debt

Debt Ceiling Must Be Increased Repeatedly Over Next Decade
As a quick glance at latest CBO numbers shows, over the next decade the White House and Congress will have to raise the debt ceiling repeatedly--no matter which party is in power. Read more...
Here's Makin speaking much of the anti-Keynesian party line back in 2010. Seriously, I think hell just froze over. An American Enterprise Institute "stink tanker" publicly contradicts the party line and tells conservatives the debt is no big Read more...
When John Boehner picked up the Speaker's gavel in January 2011, he also laid down some new rules regarding the U.S. national debt. Despite the near-doubling of the red ink and the seven debt limit increases under President Bush (all of which Read more...
In possibly his most disturbing interview to date, Republican presidential candidate Mitt Romney tells Scott Pelley of CBS's "60 Minutes" that emergency room care suffices as a substitute for the uninsured. Read more...
It can't be repeated enough: Republicans really don't care about debt or deficits. Case in point, Mittens gave a big speech on Tuesday in Iowa attacking the President over the national debt -- and yet, he wants to make it $2.6T larger in 10 years. And on Wednesday's Morning Joe, Scarborough put this very simple, direct question to Paul Ryan: Read more...

↓ More items below ↓
Presumptive Republican presidential nominee Mitt Romney is refusing to even utter George W. Bush's name after the former president endorsed him in an elevator on Tuesday. "I'm for Mitt Romney," Bush had blurted out to ABC News on Tuesday as the Read more...
First, let's be clear. Republicans don't give a rat's behind about deficits or the national debt. Their hero Ronald Reagan tripled it, George W. Bush doubled it -- and Dick Cheney famously said that deficits don't matter. That Paul Ryan proposal Read more...
Mark Knoller is the White House correspondant for CBS Radio, and a first-class right-wing tool. Monday night, he posted an article titled, "National debt has increased more under Obama than under Bush," which sent wingnuts scurrying to their Read more...
The Obama administration unveiled their 2013 budget today, which calls for higher taxes but also acknowledges higher debt. Let's just get this out of the way up front: The administration acknowledges that President Obama's promise to cut the Read more...
While discussing President Obama's proposal to make sure that the ultra-rich pay some sort of minimum tax rate or as it's been described, "the Buffett rule", George Will offered up this explanation, which is one I usually hear repeated day in and Read more...