Tag: Debt

Delays, Denials, Dishonesty: President Obama’s Deficit of Leadership on Debt & Entitlements

October 08, 2014

Today, Medicare and Social Security are still scheduled to go bankrupt and the national debt stands at $17.8 trillion, an increase of $7.2 trillion under President Obama – who has still not proposed a credible plan to balance the budget, despite admitting in 2011 that “all this rising debt will cost us jobs and damage our economy.” Read More

Obama in 2006: ‘Increasing America’s Debt Weakens Us Domestically & Internationally’

October 02, 2014

With very little notice, the U.S. passed a major milestone in June. For the first time in history, foreign entities owned more than $6 trillion of America’s $17.7 trillion national debt. Read More

CBO Gives Debt-Denying Democrats a Dose of Reality

August 28, 2014

The CBO warns that the national debt will continue to grow, “eventually increasing the risk of a fiscal crisis.” Read More

Obama Budget: Spends, Borrows, Taxes Too Much

March 04, 2014

House Speaker John Boehner (R-OH) issued the following statement on President Obama’s Fiscal Year 2015 budget proposal. Read More

SOTU FACT: National Debt Tops $17 Trillion Under President Obama

January 28, 2014

The Obama administration’s policies have increased the national debt by more than $6.5 trillion Read More

Speaker Boehner: New CBO Report Demonstrates Need to Rein in Deficits & Debt

September 17, 2013

"CBO’s latest report serves as yet another warning that Washington must act now to rein in our massive deficits and debt, which are hurting our economy, costing jobs, and jeopardizing the American Dream for our kids and grandkids." Read More

#CutWaste: Nobody Should Be Demanding Tax Hikes When …

March 05, 2013

“Government spending has driven our national debt up past $16 trillion,” says Speaker John Boehner in a new video. As CBS News reported this weekend, the debt has “increased by more than $6 trillion” since President Obama took office in 2009 – “the largest increase to date under any U.S. president.” Read More

Speaker Boehner: No Budget, No Pay

January 18, 2013

“We are going to pursue strategies that will obligate the Senate to finally join the House in confronting the government’s spending problem. The principle is simple: no budget, no pay.” Read More

Fitch: Cut Spending or Risk Credit Rating Downgrade

January 15, 2013

Fitch Ratings made it clear today that America’s national debt is undermining our economy, and that raising the debt limit without making serious spending cuts and reforms could result in another credit downgrade for the United States. Read More

“Above Normal” Government Spending is “Driving Force” Behind Debt Crisis

January 08, 2013

At $16 trillion and climbing (more than $50,000 for every American), our national debt is a drag on our economy and a threat to our future. Read More

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