By Tag "Debt Ceiling"
Congress needs to cut up its credit cards
Congress will soon have to consider whether or not to increase the debt ceiling. The debt ceiling is the government’s credit limit, so once it is reached, the government cannot legally borrow any more money. The Treasury can continue to pay [...]
This Week in Congress: Feb. 8, 2016
The U.S. Senate wrapped-up business last week by rejecting cloture on the the Energy Policy Modernization Act (S. 2012). Roll call vote is available here. You can read about the problem with this bill here. Today, the U.S. Senate begins [...]
Campaign for Liberty Opposes Ryan-Murray Budget Deal
SPRINGFIELD, Virginia- Campaign for Liberty released the following statement from C4L President John Tate today in opposition to the Ryan-Murray budget deal: “Campaign for Liberty strongly opposes any budget deal that raises taxes and [...]
Campaign for Liberty Slams Latest GOP Sellout
SPRINGFIELD, Virginia – Campaign for Liberty President John Tate released the following statement after reports that Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell have reached a deal to suspend the debt ceiling [...]
Syria Distraction
By: Michael Clayton Everywhere you look in the media, the debate of a possible strike on Syria dominates the headlines. What happened to the other major issues that Congress was supposed to be concerned with this session? Federal Budget [...]
Congress Exploits Hurricane to Raise Debt Ceiling
Former White House Chief of Staff Rahm Emanuel famously counseled politicians to never let a crisis go to waste. Sadly, this week President Trump and congressional leaders of both parties showed that they have taken this advice to heart when they [...]
RON PAUL: Debt Ceiling Debate: Don’t Mention Warfare/Welfare State!
The US Treasury’s recent announcement that the government will reach the debt ceiling on November 3 means Congress will soon be debating raising the government’s borrowing limit again. Any delay in, or opposition to, raising the debt ceiling [...]
Congress reopens government, suspends debt ceiling, fails to address fiscal reality
Late last night Congress congratulated itself for temporarily reopening the government for 90 days and suspending the debt ceiling until February, with exactly zero plans to address the nation's addiction to spending. The measure overwhelmingly [...]
John Tate: Our nation has been in default for a long time
Campaign for Liberty President John Tate writes in The Daily Caller about how the current debate in Washington over raising the debt ceiling ignores the basic fact that the US is broke and can no longer pay its bills. I can give you nearly 17 [...]