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Archive | March, 2017

Here’s how the US got to $20 trillion in debt – MarketWatch

Thursday, March 30, 2017

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MarketWatchHere's how the US got to $20 trillion in debtMarketWatchThe U.S. is approaching $20 trillion in national debt — the nation is a cool $19.85 trillion in the red as of Monday — and when it crosses that mark, get ready for some finger pointing over who's to blame. If history shows anything, it's that both ...

3 unconventional ways Trump can tackle the national debt – The Hill (blog)

Monday, March 27, 2017

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The Hill (blog)3 unconventional ways Trump can tackle the national debtThe Hill (blog)The Obama administration claimed it took advantage of low yields, but that was an empty boast. The average duration of the federal debt stood at 5.7 years in December 2016. That's up from an average of four years in October 2008, but short of the ...and more »

Don’t raise Uncle Sam’s credit limit – Learn Liberty (blog)

Monday, March 27, 2017

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Learn Liberty (blog)Don't raise Uncle Sam's credit limitLearn Liberty (blog)In the twenty-year period, 1980 to 2000, that national debt grew to $5 trillion. Then during the eight years of George W. Bush's Republican Administration from 2001 to 2009, the debt doubled to around $10 trillion. And over the eight years of Barack ...

The US Military’s Greatest Enemy Isn’t Russia or China – The National Interest Online (blog)

Thursday, March 23, 2017

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The National Interest Online (blog)The US Military's Greatest Enemy Isn't Russia or ChinaThe National Interest Online (blog)These figures also do not include interest payments on the national debt that will result from higher deficits due to war spending. Regular military pay (non-combat pay) and routine military operations and acquisitions are not included except to the ...

Trump Has a Debt Ceiling Problem – Slate Magazine

Wednesday, March 22, 2017

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Slate MagazineTrump Has a Debt Ceiling ProblemSlate Magazine... Republicans voting for it. When Washington bungled the 2011 debt ceiling increase, Standard & Poor's downgraded America's debt rating. There was no grand bargain to slash spending. Obama won the 2012 election. The national debt continued to grow.and more »

What Obama wanted and what he really gave us | Letter … – lehighvalleylive.com

Wednesday, March 22, 2017

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lehighvalleylive.comWhat Obama wanted and what he really gave us | Letter ...lehighvalleylive.comMichelle Obama made this disclosure before she and President Barack Obama left the White House. "We're feeling like what having no hope feels like," she said ...and more »

9 times Donald Trump repurposed Fox News segments into his own personal opinions – Mic

Tuesday, March 21, 2017

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Mic9 times Donald Trump repurposed Fox News segments into his own personal opinionsMicNow that Fox News has indefinitely suspended Andrew Napolitano — the judge and boisterous on-air personality responsible for one of President Donald Trump's more damaging claims about wiretapping — it's clear that the conservative news network is ...and more »

Judd Gregg: The dangers of ultra-long-term bonds – The Hill

Monday, March 20, 2017

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The HillJudd Gregg: The dangers of ultra-long-term bondsThe HillThere is a lot of talk right now about having the Treasury issue 50- or 100-year bonds. Considerable discussion should be required before the nation embarks on this course. Treasury bonds ...

Debt limit goes back into effect at level near $20 trillion – Concord Register

Sunday, March 19, 2017

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Debt limit goes back into effect at level near $20 trillionConcord RegisterThe national debt limit came back into force Thursday at a level near $20 trillion, prompting the Trump administration to alert Congress about the measures it will take to stay ...

Meals on Wheels America sees surge in donations after US budget – WSAU

Saturday, March 18, 2017

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WSAUMeals on Wheels America sees surge in donations after US budgetWSAU... is happening due to Obama's Qualitative Easing, By inflating the money supply, to inflate the nation out of debt..... Yet Obama added $9,000,000,000,000 Trillion dollars to that National Debt in 8 years.................. Now that is inflation no ...and more »

Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Aug 22, 2017: $19,844,905,899,360
In 8.6 yrs Increased: $9,218,028,850,447
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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