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National debt News

Two Budgets; Two Visions

The US Senate has passed its first budget in over 4 years. A largely symbolic measure in response to the recently passed budget by the US House, it came after a marathon voting session and highlights two radically different visions for America.

Op-Ed: The real cost of servicing the UK's National Debt

When David Cameron and others talk about paying down the deficit, do they really understand the scale of the fraud that is being perpetrated on the people of Britain, or the people of the world?

Ross Perot: 'Last thing I ever want to see is U.S. taken over'

Plano - Ross Perot, a former third-party presidential candidate, was one of the first mainstream individuals in the United States to sound the fiscal alarm. Years later, he is now warning of a takeover and that neither presidential candidate is a good pick.

Op-Ed: Drowning in debt — American arithmetic

The debt crisis has taken on a very personal face for the average American family. This piece takes a critical look at the situation faced by an average household every month, and the situation faced by a nation drowning in its own debt.

Op-Ed: Senate hides on budget

The U.S. national debt has swelled over $5 trillion in just 3 years and the total national debt is slated to surpass $16 trillion this year.

Group urges congressional term limits on 22nd amdt. anniversary

Washington - Our Generation, an American free market advocacy organization, celebrated the 61st anniversary of the 22nd amendment in the United States constitution this week. As the term limits apply to a president, the group feels it should also apply to congress.

Op-Ed: Canada's national debt on the rise again

While preaching the gospel of deficit reduction, Prime Minister Stephen Harper has been running up the national debt to record levels.

Ahead of debate, Ron Paul to present plan for $1 trillion in cuts

Republican presidential candidate Congressman Ron Paul is intending to present a plan on Monday to cut $1 trillion in federal spending and create a balanced budget within the third year of his presidency.

Warren Buffett's debt plan: Apply tax increases to the mega-rich

In an opinion piece published in The New York Times, billionaire Warren Buffett offered his perspectives on tackling America's fiscal woes, focusing on individuals who earn more than $1 million annually.

GOP presidential candidates tie Obama to credit rating downgrade

As news of the Standard and Poor's downgrade of America's credit rating from AAA to AA+ reverberated into the weekend, Republican presidential hopefuls used the event to showcase what they see as President Obama's flawed leadership.
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President Obama pushed to the sharks by discontent voters
President Obama pushed to the sharks by discontent voters
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National debt Blogs

You are no longer living in a free country

Have you had the feeling recently, as an American, that you were no longer living in a free country? This may be tough...
May 19, 2013 by Walter "Bruno" Korschek - 6 comments

Tax Freedom Day — When does taxation become repression?

Three days ago was the dreaded April 15, the day when the IRS and the Federal government demands that you file your...
Apr 15, 2013 by Walter "Bruno" Korschek

Ratings Agencies Are Not So Bulletproof Anymore

In August 2011, Standard & Poor’s (S&P) (a unit of McGraw Hill) downgraded the credit rating of the United States...
Feb 5, 2013 by Anna Timone

U.S. national debt to reach 200% of GDP

Economic Collapse News | U.S. still headed toward economic collapse as debt to grow 200% of GDP "Following the recent...
Jan 30, 2013 by Andrew Moran

Seven reasons why the United States will never pay off its debt

Economic Collapse News | Seven reasons why U.S. will never pay down the debt "Although the leadership in Washington...
Jan 11, 2013 by Andrew Moran
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