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Archive | July, 2011

Texas waiting, watching national debt showdown – Houston Chronicle

Sunday, July 31, 2011

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Texas waiting, watching national debt showdownHouston ChroniclePresident Barack Obama and congressional leaders announced an agreement Sunday night. The deal would slice at least $2.4 trillion from federal spending over a decade. No votes were schedule...

Michael Collins: Corker calls out both parties for posturing on deficit – Knoxville News Sentinel

Sunday, July 31, 2011

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Michael Collins: Corker calls out both parties for posturing on deficitKnoxville News SentinelNowhere has that been more evident than the fight over increasing the national debt. As GOP leaders have brawled this summer with congressional Democrats and ...

Thomas Sowell: Obama’s unbalanced rhetoric – NewHampshire.com

Sunday, July 31, 2011

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Thomas Sowell: Obama's unbalanced rhetoricNewHampshire.comPresident Obama's big pitch in his Monday night televised talk was that what is needed to deal with the national debt crisis is a “balanced” approach — not just spending cuts but r...

The Utter Meaninglessness of the Debt Ceiling Deal – New Republic

Sunday, July 31, 2011

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New RepublicThe Utter Meaninglessness of the Debt Ceiling DealNew RepublicEverything in Washington these days can be renegotiated—especially budgetary deals enacted against the threat of defaulting on the national debt. Targets can slip a few years, ...

Responses to debt deal range from angry to angrier – Forbes

Sunday, July 31, 2011

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Responses to debt deal range from angry to angrierForbesSeveral British tourists discussed the developments in Times Square, not far from the National Debt Clock, a billboard-size digital display showing how much money the United States owes. They note...

Our View: Congress shouldn’t let bitter debt talks set tone – Press Herald

Sunday, July 31, 2011

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Press HeraldOur View: Congress shouldn't let bitter debt talks set tonePress HeraldNational debt crisis negotiations continue on Capitol Hill in Washington on Sunday. The Associated Press But today, tomorrow, next week -- whenever the current crisi...

What happens if the government defaults on the deficit? – NSBNEWS.net

Sunday, July 31, 2011

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What happens if the government defaults on the deficit?NSBNEWS.netOur national debt already stands at $14.5 trillion and the President is requesting an additional $2.5 trillion - the largest debt ceiling increase in history - over the next 18 months or...

Gold & Silver Beyond the Limit – Lew Rockwell

Sunday, July 31, 2011

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Gold & Silver Beyond the LimitLew RockwellPerhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. An...

It’s a deal: Obama, Congress will avert default – The Herald | HeraldOnline.com

Sunday, July 31, 2011

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The Herald | HeraldOnline.comIt's a deal: Obama, Congress will avert defaultThe Herald | HeraldOnline.comAP Photo - Senate Majority Leader Harry Reid, D-Nev., speaks with reporters as he walks across the Capitol on his way to the office of House De...

Responses to debt deal range from angry to angrier – Boston Globe

Sunday, July 31, 2011

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Boston GlobeResponses to debt deal range from angry to angrierBoston GlobeSeveral British tourists discussed the developments in Times Square, not far from the National Debt Clock, a billboard-size digital display showing how much money the United Stat...

Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Aug 27, 2014: $17,708,342,668,041
In 5.6 yrs Increased: $7,081,465,619,128
George Bush (8yrs): $4,899,100,310,609
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TheObamaDebt.com was created to track the National Debt on a daily basis from the inauguration and during the Obama administration - and provides a way to watch if the spending continues - increasing the debt - or if the promised "change" will occur without spending our great Nation into a deeper hole. At some point, one of our presidents must accept responsibility, be accountable, and be committed to change the direction of this graph. Will Obama be the one to make it happen - no matter what it takes?
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