It’s official: U.S. National Debt Exceeds $20 TRILLION

Sep. 13, 2017 by

    — John McCardell —   While the country was focused on the devastating hurricanes late last week, another major storm was brewing with our economy but received little fanfare. For the first time in history, our national debt reached the $20 trillion mark after President Trump signed the legislation suspending the debt limit until December 8. In one fell swoop, the debt increased $317,645,000,000 (that’s over 317 billion for those not wanting to count

$19,975,534,446,800 Reasons to use Debt Ceiling Fight to Cut Spending

Aug. 31, 2017 by

  — Michael Clayton —   When Congress returns from August recess next week they will face a plethora of pressing issues – including the fact that the federal government is set to run up against their borrowing limit at the end of September. That’s right, Congress once again has to tackle the dreaded DEBT CEILING, and sure enough political pundits on both sides of the aisle are predicting economic disaster if Congress doesn’t act