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Archive | November, 2017

The Debt Ceiling – BloombergQuint

Thursday, November 30, 2017

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BloombergQuintThe Debt CeilingBloombergQuint(Bloomberg) -- The very phrase “debt ceiling” sounds austere and restrictive, as if intended to keep a lid on government spending. In fact, this U.S. federal debt limit was first conceived almost a century ago to make it easier for the government to ...and more »

How Trump’s embrace of broad tax cuts ignores one of his central anti-Obama critiques – Washington Post

Thursday, November 30, 2017

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Washington PostHow Trump's embrace of broad tax cuts ignores one of his central anti-Obama critiquesWashington PostThis article has been updated. On the campaign trail, Donald Trump liked to mention the number $20 trillion. “The national debt,” he said during a campaign event in Wilmington, N.C., in August 2016, “so, we're up to almost $20 trillion — $20 trillion ...and more »

Lois Eisenberg: In need of a better tax code – Santa Clarita Valley Signal

Thursday, November 30, 2017

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Santa Clarita Valley SignalLois Eisenberg: In need of a better tax codeSanta Clarita Valley SignalThe new tax code will increase our national debt by at least $1.5 trillion, American jobs will be hard to come by, and the economy will shrivel up. To add...

Congress’ tax bill is tax fraud – Cincinnati.com

Thursday, November 30, 2017

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Cincinnati.comCongress' tax bill is tax fraudCincinnati.comPaul Ryan and Mitch McConnell moaned about deficits and an impending “fiscal crisis” under Obama; but now their tax fraud bill will add $1.5 trillion to the deficit over 10 years – by their estimate. The actual amount is closer to $2.5 trillion – plus ...

This unbelievable President – The Pike County Courier

Thursday, November 30, 2017

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This unbelievable PresidentThe Pike County CourierAnd remember: your and my "benefit" from the "Tax Cuts" Bill will vanish after 5 years, but those for the millionaires and billionaires (and corporations) are forever. Also remember: this is the same GOP that campaigned only last year against any ...and more »

How Trump’s embrace of broad tax cuts ignores one of his central anti-Obama critiques – The Washington Post

Thursday, November 30, 2017

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How Trump's embrace of broad tax cuts ignores one of his central anti-Obama critiques  The Washington PostA summary of the evidence undercutting Trump's main economic thesis.

Trump calls out Obama in latest Twitter tirade, gets reality check in return – Blasting News

Wednesday, November 29, 2017

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Trump calls out Obama in latest Twitter tirade, gets reality check in returnBlasting NewsOn his final day as commander in chief, Obama exited with an approval rating that ranged from 53-62 percent, depending on the survey taken. On the contrary, curren...

The Democrat’s tax cut hypocrisy: Letters – OCRegister

Wednesday, November 29, 2017

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The Democrat's tax cut hypocrisy: LettersOCRegisterHaving passed a major hurdle by getting out of committee, the Trump/Republican tax changes are going to the full Senate and likely to pass. This is making the MIA Democrats' heads explode. They are so much out of sorts since last November that their ...

Ellwood City 53° – Ellwood City Ledger

Wednesday, November 29, 2017

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Ellwood City 53°Ellwood City LedgerWhile the Democrats stood idly by with hands in their pockets, President Obama doubled our national debt from $10 trillion to $20 trillion. Now they are wringing those same hands over President Trump's plan to cut taxes, complaining it could increase ...

Janet Yellen’s last warning: The national debt ‘should keep people awake at night’ – Washington Examiner

Wednesday, November 29, 2017

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Washington ExaminerJanet Yellen's last warning: The national debt 'should keep people awake at night'Washington ExaminerFederal Reserve Board Chairwoman Janet Yellen said Wednesday that she is "very worried" about the size and growth of the U.S. national debt, particularly given how federal spending on entitlement programs is likely to grow as Americans age. "I am very ...and more »

Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Dec 7, 2018: $21,850,844,847,465
In 9.9 yrs Increased: $11,223,967,798,552
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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