Over the coming weeks and months, you’ll likely hear a lot about the debt ceiling. That’s the legal amount of money the federal government can borrow.
$31,381,000,000,000 is our current debt limit. That’s $31.4 trillion, which is a MASSIVE amount of debt. The government owes this money because politicians in Washington simply will not stop spending. This has been the case for… Read more »
Just a quick update from Washington on this Tuesday morning. In keeping with traditional government incompetence, we’re rapidly approaching the end of the year – and the end of this term of Congress – with major hurdles that still need to be cleared.
One of those hurdles is government funding. As things stand right now, the federal government is funded only through December… Read more »
On Thursday, Rep. Ralph Norman (SC-5) introduced H.R. 9031 in the House of Representatives that would withhold pay for members of Congress while a continuing resolution is in effect during the 117th Congress. Titled the "No Pay for Congressional Recklessness (CR) Act," this bill also reduces member pay in future congresses where a continuing resolution… Read more »
About 10 days ago, I wrote a post about how the federal government is only authorized to spend money through 11:59 PM this Thursday night. And I told you that without legislation passed by Congress and signed by the President, a government “shut-down” of non-essential services could happen starting early Friday morning.
Well, not much has changed since I wrote that post on September… Read more »
I get a lot of questions about what Republicans will do next year when we take back control of the House of Representatives.
These are important questions. After all, we can talk forever about spiraling inflation, record illegal immigration, rising violent crime, foreign policy disasters, fentanyl crisis, “woke” education programs, out of control government bureaucracies, etc. But it’s… Read more »
If you like peeking behind the curtain and knowing how the sausage is made in Washington, this post is for you.
As it stands right now, the federal government is only authorized to spend money through September 30th, which is the end of its fiscal year. Without legislation passed by Congress and signed by the President, a government “shut-down” of non-essential services could happen… Read more »
Yet again, Joe Biden is trying to saddle you with other people’s student debt. This latest effort, according to news reports, would “cancel” at least $10,000 in federal student debt for those earning under a certain amount.
I put “cancel” in quotes because it’s not canceled at all. Whether it’s the federal government or a private lender, you don’t just erase loans off the books. That’s… Read more »
I’ll be flying back to Washington this week to vote against this so-called “Inflation Reduction Act.”
*** We ought to be flying back TODAY for primetime congressional hearings with the FBI Director on his agency’s contemptible raid on President Trump’s home yesterday. Like I said in my post late last night, we have every reason to question the motives behind this raid, which has all the… Read more »
Well, here we go again. Despite inflation at a 40-year high, Senate liberals are close to resurrecting a modified version of their “Build Back Better” plan.
Build Back BROKE, as it’s more accurately known, was such a horrible idea that they’re rebranding it with another misleading title: the “Inflation Reduction Act.” Except, of course, there’s nothing in this bill that will actually… Read more »
📛 America has officially entered the Biden Recession. Not that there was any doubt, but this morning it was confirmed.
Now we know why the White House has been in overdrive lately trying to redefine the common definition of the word recession. More on that in a second.
But first, according to data released this morning, our economy shrank during the quarter from April through June.… Read more »