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Archive | October, 2017

US national debt tops $1 trillion, Oct. 22, 1981 – Politico

Sunday, October 22, 2017

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PoliticoUS national debt tops $1 trillion, Oct. 22, 1981PoliticoIn accepting the Republican presidential nomination last year, Donald Trump said, “President [Barack] Obama has almost doubled our national debt to more than $19 trillion, and growing.” While that is true, Trump overstated his case by attempting to ...

Republicans going beyond hypocrisy with the national debt | The … – Seattle Times

Friday, October 20, 2017

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Seattle TimesRepublicans going beyond hypocrisy with the national debt | The ...Seattle TimesNational Republicans have shape-shifted completely on what was their fiscal holy grail — at least when they weren't in charge.and more »

Where are the ‘deficit hawks’ on President Trump’s tax plan? – Kemmerer Gazette

Friday, October 20, 2017

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Kemmerer GazetteWhere are the 'deficit hawks' on President Trump's tax plan?Kemmerer GazetteBack in 2013 — when she was still a Virginian — Representative Liz Cheney wrote in a Wall Street Journal op-ed that Barack Obama was “the most radical man ever to occupy the Oval Office. The national debt, which he is intent on increasing, has passed ...and more »

The GOP on deficits: from hawks to doves – The Boston Globe

Thursday, October 19, 2017

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The Boston GlobeThe GOP on deficits: from hawks to dovesThe Boston GlobeBack when Barack Obama was president, the yearly federal budget deficit, as well as the cumulative national debt, weighed regularly and heavily on conservative minds. That was so e...

Fiscal conservatism, RIP – The Economist

Thursday, October 19, 2017

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The EconomistFiscal conservatism, RIPThe Economist... in opposition, then let borrowing rip in power. This week Mr McConnell duly corralled support among his fellow Republican senators for a budget bill designed to facilitate a tax cut that, if passed, might add over $2trn to America's $20trn national ...and more »

Deficit Hawks Becoming Doves – Liberty Nation (blog)

Wednesday, October 18, 2017

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Liberty Nation (blog)Deficit Hawks Becoming DovesLiberty Nation (blog)For the last eight years, Republicans slammed President Barack Obama and the Democrats for annual budget deficits, arguing that they would add more to the national debt and prompt future generations to pay for today's mess. So, ignoring it this time ...and more »

Letters to the editor – Forest Lake Lowdown

Tuesday, October 17, 2017

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Letters to the editorForest Lake LowdownFactual response to a recent letter, “In support of school vouchers,” must wait. There's a more urgent concern: Republican attempts to supposedly “reform” tax laws. Ironic. Since 1980, Republicans have, for “tax reform,” shifted tax burdens from ...

No Enigma In Trump’s Asking Us to Acknowledge Founders – Newsmax (blog)

Tuesday, October 17, 2017

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Newsmax (blog)No Enigma In Trump's Asking Us to Acknowledge FoundersNewsmax (blog)Those years saw not only an extraordinary burgeoning of the national debt ($20 trillion – far more than the accumulated debt in all previous administrations), but a relentless centralization of American life, with a secular state dictating to Americans ...and more »

Tax cuts bound to increase national debt – Grand Island Independent

Monday, October 16, 2017

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Tax cuts bound to increase national debtGrand Island IndependentWith Trump in the Oval Office, all of a sudden GOP senators and representatives don't see deficit spending as being wasteful as they framed it under President Barack Obama. Also, GOP lawmakers have little incentive to try to cut spending, given that ...and more »

Tax cuts are bound to increase the national debt – Union Democrat

Monday, October 16, 2017

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Tax cuts are bound to increase the national debtUnion DemocratSpeaking to a group of workers in Harrisburg, Pennsylvania, President Donald Trump said last Wednesday that his proposed tax-cut package “will be rocket fuel” for the U.S. economy. It was Trump's sly way of reinforcing a message that the White House ...and more »

Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Oct 20, 2017: $20,432,034,265,112
In 8.7 yrs Increased: $9,805,157,216,199
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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