It’s time to reiterate what I’ve been saying for quite a while. September is going to be a total mess in Congress for one reason, and one reason only:
Because for decades, elected leaders in Washington have racked up almost $33 TRILLION in national debt. You and I will not be alive to pay this back. The “borrower is the slave of the lender” (Proverbs 22:7), but it’s our children and… Read more »
Most of you know this, but the federal government is only funded through September 30th. Prior to that date, Congress is supposed to pass legislation that funds the various federal agencies beyond September 30th. That process is shaping up to be a complete disaster, which is not surprising. We have too many entrenched Members of Congress who don’t care about our outrageous spending.
This… Read more »
I was speaking with a reporter yesterday about additional funding President Biden now wants for Ukraine, disaster relief, and some other things. She started off one of her questions in an interesting way...
She said, paraphrasing, that disaster relief had historically been a bipartisan effort in Congress. In other words, it wasn’t something Congress questioned the need for or… Read more »
Each year, Congress has a responsibility to craft 12 separate appropriations bills – each one covering a different function of the federal government. These bills appropriate (i.e. provide) money for the federal government to operate.
Passage of these bills can seem like a dysfunctional process. For starters, Congress frequently runs right up to the deadline, and often relies on… Read more »
The creditworthiness of the United States was downgraded by Fitch Ratings earlier this week. Everyone from the White House and Janet Yellen to financial analysts and journalists were losing their minds over this news.
But why on earth does this surprise anyone?!
Our nation is over $32 trillion in debt. Our deficit spending is out of control; we are spending trillions of dollars more… Read more »
With thousands of constituents on the phone, I covered a wide variety of topics yesterday during my telephone town hall. This include a long discussion on the the debt ceiling "deal" and our nation's massive debt problem.
For those who missed it, you can catch a full reply here...
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If you stacked $100 bills more than 630 miles in the sky, you'd have $1 trillion. Just $1 trillion.
Now multiply that by 32. That's how much debt we're in: $32 trillion and counting. It's borderline criminal.
Democrats don't seem to care. Every time they open their mouths its to call for more spending, more programs, more agencies, more regulations, more bureaucrats, more… Read more »
As of mid-day Monday, there’s still no meaningful progress to report on the looming debt ceiling deadline. Negotiations continue, but time is short before we hit the “X-date” next month where the government may not be able to pay all its bills on time.
The bottom line is this:
We’re at a critical point in this country with astronomical debt exceeding $31 trillion. It won’t be long… Read more »
Here’s the preview of coming attractions with this debt ceiling. It’s been five days since the House passed the “Limit, Save, Grow Act.” Remember, that’s the Republican bill to safely reduce federal spending while dealing with our debt ceiling.
Now many people are wondering what the Senate will do, since the ball is now in their court. But friends, don’t worry about the… Read more »