Keyword: govtborrowing

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  • $253.5B—Obama Borrowed Nearly 6x as Much in February as Sequester Cuts All Year

    03/04/2013 4:01:05 PM PST · by Olog-hai · 12 replies
    Cybercast News Service ^ | March 4, 2013 | Terence P. Jeffrey
    During the month of February—as President Barack Obama was warning Americans they would see dramatic effects in their lives if “sequestration” of some planned federal spending kicked in—the federal government’s debt climbed by $253.5 billion. That one-month increase in the debt was nearly six times as much as the $44 billion in spending cuts the Congressional Budget Office estimates will take place in all of fiscal 2013 as a result of sequestration. …
  • Dems Fume over Wall Street Trillions

    12/03/2010 1:47:43 AM PST · by Scanian · 31 replies · 1+ views
    The American Thinker ^ | December 03, 2010 | Christopher Chantrill
    All of a sudden, liberal pundits are getting worked up about the influence of Wall Street. From the concern expressed, one would think that the contributions from Goldman Sachs have suddenly dried up now that the Republicans have taken over the House of Representatives. Here's William D. Cohan in The New York Times worrying about "The Power of Failure." "Despite the very dire consequences of the latest financial crisis that Wall Street perpetrated on the world, America cannot seem to shake its infatuation with Wall Street bankers and traders. We continue to shower them with riches, prestige and glory... The...