Here are questions that deserve some answers Nov 19, 2009
" Luke wrote on Nov 18, 2009 9:10 AM:" When Bush left office, the national debt was $10. 7 trillion. (Klamath Falls Herald & News, OR)
Imbalances That Strain the Euro Zone Nov 19, 2009
In addition, running a continued current account deficit adds to the national debt, whether it is in the form of government debt (as in Italy) or private debt (as in Spain, Portugal, and Greece). And at some point, these debts must be repaid. (BusinessWeek)
Brown's crackdown pledge signals start of UK election campaign Nov 19, 2009
"Through active employment and training programs, restructuring the financial sector, strengthening the national infrastructure and providing responsible investment, my government will foster growth and employment. "As the economic recovery is established, my government will reduce the budget deficit and ensure that national debt is on a sustainable path. " The financial services industry's regulator will be handed new powers to tear up bankers' contracts and order banks to fund consumer... (Sydney Morning Herald -- Business)
Letters to the editor Nov 19, 2009
This, and the massive amount of additional national debt the plan would incur, should be enough for intelligent people of all political parties to see that the real solution to our health care situation is the alternate plan of providing vouchers for people who need them to buy their own policies, assigned-risk pools for those with pre-existing conditions, plus other simple and sensible reforms. We must demand that our senators and representatives in Congress come up with a better plan. (Sacramento Bee -- Opinion)
U.S. Budget Deficit $176.4B in October Nov 18, 2009
6 trillion national debt. The U.S. Treasury Department accepts gifts, payable to the Bureau of the Public Debt. (CBS News -- US)
LETTER: Obama dismantling free-market system Nov 18, 2009
And if Obama's face is printed or ingraved on coinage or currency, it'll be on the Chinese Yuan since he exporting our wealth to them through his doubling of our national debt in just 9 months. http://en. (Mattoon Journal-Gazette, IL)
Of deficits and demagogues Nov 18, 2009
November began with the good news that the national debt facing President Barack Obama and Congress may now be getting serious attention. Some congressional Democrats reportedly are talking about a bipartisan commission to address the problem. (Albany Times Union)
Today's Mailbag Nov 18, 2009
It is common knowledge that Bush drove the national debt through the roof; however, he was totally reluctant to spend to correct the problems he created, thus we are now having to spend many times that to address the corrections. (3 of 3). (The News-Press -- Opinion)
The Big Intelligence Chill Nov 18, 2009
There are rumblings that another national security bill, the Defense Appropriations Act, may have D. C. voting rights or an increase in the national debt limit attached to it. But these abuses are just the tip of the iceberg. (Human Events Online)
Former presidential candidate Huckabee hosts book signing Nov 18, 2009
When asked about the current state of the Republican Party, Huckabee said its leaders are finding their sea legs again to get back on track by realizing that something must be done to fix national debt and spending. I m more worried about the direction of the country than the Party, he said. (The Observer, IN)
Your views: Letters to the editor (Nov. 18) Nov 18, 2009
Some never wanted bigger paychecks or the $250 for seniors and fought against adding it to our national debt. Now, right after a very gloomy Christmas, couples who have the dubious virtue of both working may owe $400, and seniors like us, who both work, will get slammed. (Florida Today)
Should you feel guilty? Nov 17, 2009
TIGER wrote on Nov 15, 2009 8:11 AM:" Jim Keene; This a great story about your life, growing up in the USA. Because of the government's handouts, people have lost their self esteem, and work ethic, to depend on themselves, and work to provide for themselves. That said, their are millions of people that need a helping hand in these very tough times to carry them through until the economy makes a turn for the better if, of course, that is even possible with the government spending our money added... (Longview Daily News, WA)
Mutual financial reliance binds U.S., China Nov 17, 2009
America, with growing budget deficits and a huge national debt, depends on China as the main holder of U.S. Treasury securities, with Beijing's stockpile officially estimated to be nearly $800 billion. The arrangement has created what many have called a modern economic version of the old Cold War doctrine of mutual assured destruction: Either side could wreak havoc on the other, but would be guaranteed to scuttle its own economy in the process. (MSNBC -- International)
Dollar gets weaker and weaker Nov 17, 2009
President Obama is spending and borrowing money at unprecedented rates, driving our national debt to a previously unthinkable level. Congress is currently working to add additional trillions to our record debt. (Seantobia Democrat, MS)
Japans national debt Nov 17, 2009
Japan is rarely at the forefront of discussions about stimulus, national debt burdens and global economic recovery but, in financial markets, chatter about potential future weakness in the Japanese yen and Japanese government bonds is growing. The rationale is ostensibly sound: a few weak JGB auctions are raising concerns about an upward spike in Japans net new borrowing requirement, precisely the opposite of what was promised during the election campaign. (FT.com -- Markets)
Danny Henley: Dont forget a gift for your favorite uncle Nov 17, 2009
With the national debt at $7 ... If you re interested in tossing some money into the black hole known as the national debt, make your check payable to the Bureau of the Public Debt ... Instead of writing happy holidays in the memo section, note that your gift is to reduce the national debt. (Belmont Citizen Herald, MA)
Palin's populist book tour won't help GOP Nov 17, 2009
Like today's Republicans, he dreaded too much federal power, too much federal spending, and too great a national debt. On the other hand, he had never been a moss-backed conservative, and he knew that merely turning the clock back would never work. (Christian Science Monitor)
China spanking Obama is health care's only cure Nov 17, 2009
In fact, our national debt rose last year by a flabbergasting $1 ... In fact, our national debt rose last year by a flabbergasting $1. (New York Post -- News)
Click to read:In China, Obama Meets America's Lender Nov 16, 2009
So, if the US runs a balanced budget for the next 20 years - then all by itself, the national debt will vanish ... Clinton handed Bush a balanced budget, all Bush had to do was do nothing - not cut taxes, not increase spending, just keep the budget balanced - and the US would have paid off close to HALF the national debt by now ... We don't although they do hold a portion of our national debt. (CBS News)
Japan Extra Stimulus Likely, GDP Fails to Convince Nov 16, 2009
Japan's massive national debt means the Democrats don't have the leeway to spend much more. The economy grew 1. (ABC News -- Business)
Tipton announces congressional bid Nov 16, 2009
Over the course of the last eight months, weve seen the national debt triple. Weve passed a stimulus package that has not created jobs, Tipton said. (Montrose Daily Press, CO)
Daniel Trammell: Health care reform is power grab Nov 16, 2009
As we continue through the years with an unaffordable health care plan, our national debt will continue to build. But the saddest losses will be the loss of our personal freedoms, and the freedom of the marketplace. (Athens Banner-Herald)
Obama Walks Tightrope in 1st Trip to China Nov 16, 2009
If they would buy, spend & charge foolishly for American Goods, like we do for Chinese Goods, their economy & national debt would be in the same pathetic condition that Obama has ours. Then who would Acorn Hole Obama go to for Cash. (CBS News)
Obama in Japan: Public Solidarity Masks Tension Nov 15, 2009
" In a way, this tension between the public celebration of friendship and the quiet struggle over intractable issues is a microcosm for Obama's first year on the world stage. On Saturday night, Obama landed in Singapore, the 18th nation he has visited in just 10 months, far more than any of his predecessors. At almost every stop, he has espoused a new vision for world relations, one of greater communication, collaboration and cooperation, even among historic foes. "As I have said, in an... (Time.com)
Obama: Domestic Spending Cuts in Next Budget Nov 15, 2009
The national debt is the accumulation of annual budget deficits. The deficit for the 2009 budget year, which ended on Sept. 30, set an all-time record in dollar terms at $1. (Newsmax)
Obama to Push Arms Control With Moscow Nov 15, 2009
Actually, Reagan and the Bushes are responsible for 80 of 83% of the national debt as compared to GDP. You talk about low iq'ed people. It's self descriptive in your case, apparently. (CBS News)
Creating jobs, one at a time Nov 15, 2009
At the same time, our national debt is almost $13 trillion. The way out of our troubles is growth - growth in jobs, growth in income, growth in the economy. (Boston Globe)
Obama: Resist politics in shooting investigation Nov 15, 2009
In sum, the bill opens a new trillion-dollar entitlement just as our national debt tops $12 trillion, Kirk said. ASSOCIATED PRESS. (Boston Globe)
Graves to vote no on Health Care Bill Nov 14, 2009
Dude wrote on Nov 13, 2009 11:23 PM:" For those people who are for nationalizing health care, even with the Pelosi garbage plan, think about this.With the Bush budget that was huge but small in comparison to Obama's, the bailouts, TARP, stimulus plans that were not stimulus plans and other government spending we now have a national debt over 11 trillion dollars by some accounts. We are relying on borrowing money from China and the likes. We have reached the point where our dollar is dropping in... (Cameron Observer, MO)
Japan's 'lost decade' provides lesson for America Nov 14, 2009
The only prize the strategy achieved for Japan was the largest national debt in the developed world: 200 percent of GDP.. The United States today stands in an economic position similar to Japan's in the early 1990s. (Athens Banner-Herald)
Rick Diamond: The victims of the recession need jobs and donations Nov 14, 2009
A growing national debt is a real concern but, historically, a healthy economy is the best cure. In this period of uncertainty Lee County may see more retail stores, restaurants and small businesses fail with more job losses. (The News-Press -- Opinion)
Signs say nation at risk Nov 14, 2009
An admirer of British political systems, Hamilton was a nationalist who emphasized strong central government and used the implied powers of the Constitution to fund the national debt, assume state debts, create the government-owned Bank of the United States; he paid for it all with a tariff on imports and a highly controversial whiskey tax. By 1792, the coalition led by Hamilton was opposed by a coalition led by Thomas Jefferson and James Madison. (Logan Herald Journal, UT)
The Palin Persuasion Nov 13, 2009
When pollsters ask voters what their priorities are, the economy is always the number one answer, but the deficit and national debt are not far behind. In the September NBC/Wall Street Journal poll, for instance, the deficit was voter priority number three. (CBS News -- Opinion)
U.S. Treasury Confident Congress Will Increase $12.1 Trillion Debt Ceiling Nov 13, 2009
Record deficits are pushing the national debt closer to the $12. 1 trillion statutory limit. (Bloomberg -- US)
A warning about next stimulus Nov 13, 2009
Instead, Harding slashed all income tax rates, cut the government's budget almost in half by 1922, and reduced the national debt by one-third. In his Republican nomination speech in 1920 he said, "We will attack high cost of government" and "let us call to all the people for thrift and economy.". (Casper Star-Tribune, WY)
A challenge: How would you pay for troops? Nov 13, 2009
The national debt in 1960 was $260 Billion. The national debt as of 11/10/09 was $11,986,954,033,520 ... We had a national debt of 5 trillion dollars but somehow we found a surplus. (Atlanta Journal-Constitution -- Opinion)
MICHAEL DER MANOUEL JR.: Cardoza, Costa reveal true colors Nov 13, 2009
Costa and Cardoza both have a national debt clock on their Web sites. They purport to be concerned with fiscal issues. (Fresno Bee -- Opinion)
Your views: Deliberating health care (Nov. 13) Nov 13, 2009
Contentious issues are indeed contained in the health care bills, such as abortion, tort reform, creeping socialism, and increasing the national debt. But shouldnt saving Americans lives be put ahead of these issues that can be addressed in separate legislation. (Florida Today)
With Pelosicare DOA, Can Reid Rescue Obamacare in Senate? Nov 12, 2009
The left has used budget gimmicks to bring the score down, yet the House version will still bust the budget and add trillions to the national debt that is now hovering around $12 trillion. The abortion issue was a huge roadblock for Obamacare in the House. (Human Events Online)
Tipton in running for Congress Nov 12, 2009
"Over the past eight months, we've seen the national debt triple," Tipton said ... He said healthcare reform was necessary, but that Washington was going about it in a manner that would increase the national debt by more than 1 trillion. (Montrose Daily Press, CO)
Europe sets down firm deficit deadlines Nov 12, 2009
Budget overspending and consequent national debt, already a severe problem for many countries before the financial crisis, are now turning into a critical dilemma for some nations as they recover from the slump with deficits three times the required limit. Four of them, Britain, France, Ireland and Spain, were deemed by European Union Commissioner for Economic and Monetary Affairs Joaquin Almunia to have taken "effective action" since existing recommendations in April. (Yahoo! Asia News)
Democrats will soak the young Nov 12, 2009
The national debt is great, but is it greater than a World Depression that would make Atomic Weapons more available to present terorists because nations with economies the size of Iceland collapsed ... Kyle, at his inauguration, President Obama was handed a $12 trillion national debt, a $1. (Atlanta Journal-Constitution -- Opinion)
Government Bonds Have Biggest Gain in a Month as Higher Yields Spur Demand Nov 11, 2009
Five-year yields are near the highest level in three months on concern the government will increase national debt, already the largest in the industrialized world. New Issuance. (Bloomberg -- Japan)
Protesters hold 'tea party' in Clatskanie Nov 11, 2009
The national debt now exceeds 12 trillion ... fiddy6bills wrote on Nov 10, 2009 7:16 PM:" Tiger-What are you smoking. Bush doubled the national debt! Seriously where do you get your info from? Lets look at the facts! The cumulative debt of the United States in the past 8 completed fiscal years was approximately $4.3 trillion, or about 43% of the total national debt of ~$10.0 trillion as of September 2008. IF YOU WANT THE TRUTH CKECK OUT THE DEBT BY THE PAST PRESIDENTS!!!... (Longview Daily News, WA)
Hillary in 2012? Nov 11, 2009
Nor, perhaps ironically, would her fingerprints be on a stunningly unpopular health care plan that increases the national debt by trillions, increases the cost of health care premiums for the middle class and increases taxes on the middle class while also reducing the benefits to the middle class. Nor, curiously, is she likely to be seen as responsible for the Obama administration's foreign policy. (Human Events Online)
Healthcare reform necessary; nation is at crossroads Nov 11, 2009
Fred T. wrote on Nov 10, 2009 3:27 PM:" Wick & Wick are spouting the same old liberal mainstream media claptrap about the government owing us something for nothing. Bull feathers! They say the health care bill will pay for itself. Balderdash! It will add another trillion to the national debt and destroy health care for all. Someone needs to pop the socialist bubble they live in. ". Canyonman wrote on Nov 10, 2009 8:57 AM:" Truth:No one ever said Obama didn't have a plan. We don't like his plan.... (Montrose Daily Press, CO)
Warden Pelosi Nov 11, 2009
This monstrosity would raise insurance premiums and taxes to prohibitive levels and add unconscionably to the national debt. It will force physicians to leave the medical profession in droves, exacerbating an already perilous doctor shortage. (Investors Business Daily)
Lexington: Republicans, riven but resurgent Nov 11, 2009
The national debt is out of control. Anti-tax tea party protests, which began early in Mr Obamas presidency, are still erupting loudly and often. (The Economist)
Today's Mailbag Nov 10, 2009
Our national debt costs this country $500 million a day to service. That could double with cap , government takeover of health care, stimulus packages that we cannot even pinpoint where most of the money is going, and other programs that add to the national debt. (The News-Press -- Opinion)
Readers Write 10/8 Nov 10, 2009
But when it delivered on no promises, plunged the country into war, trashed the economy, starved the middle class and ran up the national debt, the people saw it for what it was a sham and sent it on its way. Now out of power, the Republicans sole contribution to fixing our nation s woes is to just say, No.. (Atlanta Journal-Constitution -- Opinion)
Lebanon gets new government after months of haggling Nov 10, 2009
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Alicia Keys plays professor Nov 10, 2009
She talks with conviction, giving the sense that she can articulate her thoughts about everything from the new belt to the national debt. So it really makes sense she has begun a new project visiting colleges. (CNN)
Blankley: Hillary in 2012? Nov 10, 2009
Nor, perhaps ironically, would her fingerprints be on a stunningly unpopular health care plan that: (1) increases the national debt by trillions, (2) increases the cost of health care premiums for the middle class, (3) increases taxes on the middle class, while also (4) reducing the benefits to the middle class. Nor, curiously, is she likely to be seen as responsible for the Obama administration's foreign policy. (Newsmax)
Wayne Allyn Root: Obama Has Us on Road to Ruin Nov 10, 2009
All the government union workers Obama honors with raises will increase the national debt and damage the economic recovery. Only a recovery led by small business can save us. (Newsmax)
Your views: Political points Nov 9, 2009
Currently, our national debt is officially $11 trillion, but in reality our debt is over $100 trillion, including unfunded obligations of Medicare and Social Security and personal/corporate debt. With Americas gross national product (GNP) at more than $12 trillion a year, it will take a huge part of our economy and taxes to just pay interest on this debt, reaching unsustainable levels in just a few years. (Florida Today)
Guest Editorial: Future's bright with the heath care safety net being offered Nov 9, 2009
CajunJedi wrote on Nov 8, 2009 11:39 PM:" Not sure what CBO reports you are reading but from what I have read or heard the bill will cost over a trillion dollars, how is that lowering the national debt. ". Amy wrote on Nov 8, 2009 8:48 PM:" It is great to see this newspaper finally offering thoughtful and balanced editorial coverage of something as important as healthcare reform! Way to go Robert and Walter Wick! ". (New Iberia, LA)
Let's "CLEAN HOUSE" Nov 9, 2009
Tom wrote on Nov 8, 2009 8:13 AM:" To L.L. OnjouWhen the democratic controlled congress was elected in Nov. 2006, unemployment was 4.5 percent and our national debt was $8.6 trillion. Today unemployment is 10.2 percent and out national debt is $12 trillion. In just three years they allowed unemployment to more than double and allowed our debt to increase by a third.The democratic controlled House is attempting to add another trillion over ten years for health care. They promised it would not... (New Iberia, LA)
Read Chris Wallace's interview Nov 9, 2009
Republicans doubled the national debt in the first six years of this decade, and the American people showed them the door in 2006 and again in 2008. But the Democrats took runaway federal spending under Republican control and put it on steroids, and the American people are tired of the borrowing, the spending, the bailouts, the takeovers. (Fox News)
It's time to govern the flow of political money Nov 7, 2009
But as a political scientist I know puts it: We already pay for congressional campaigns, we just label it "the national debt." Interests that donate to campaigns often get what they want from legislation and we all pay for that; by comparison, public financing seems like a bargain. Until we get it, moneyed interests will command the playing field, and our political process -- and our representative democracy -- will be twisted beyond all sense. (Shelby Twp Advisor & Source, MI)
Military Update: Senator puts hold on wounded vets caregiver bill Nov 7, 2009
His spokesman, John Hart, said the senator's biggest concern is that the Senate doesn't intend to pay for the bill with an offset of current spending or higher taxes, so its passage will add to annual budget deficits and the national debt. Coburn "believes strongly if we don't start paying for things we're not going to have a country left to defend," Hart said. (Hanford Sentinal, CA)
Read the story Nov 7, 2009
Unemployment Rate Soars Past 10 Percent - CBS News. WASHINGTON, Nov. 6, 2009. (CBS News -- Evening News)
Open Forum: Struggling with cancer Nov 7, 2009
Take note you who are in office, you will not be reelected if you take away our earned benefits or increase the national debt, drop the pork. Daryl Bahma. (Brainerd Daily Dispatch)
'Beautiful Sight to See' Nov 7, 2009
Now, it would also do so without letting the government make decisions for you and your family and without adding billions to our national debt. And joining me now with more on all of this are two of the organizers of today's rally, Minnesota Congresswoman Michele Bachmann and Iowa Representative Steven King. (Fox News)
How bad is a 10.2 percent unemployment rate? Nov 7, 2009
Bush came into office with a budget surplus and a declining national debt and managed to turn it into record deficits and a ballooning national debt. And, no, none of it had to do with 9/11. (Salon)
Area reps prepare for health care vote Nov 7, 2009
Schock believes the bill will raise taxes, raise health care costs, and add to the national debt, all while hurting seniors, families and small businesses. Instead of the Health Care Reform Bill, Schock is supporting his health care plan, the Medical Rights and Reform Act, which he believes would mandate the fundamental principle that the government should not come between patients and their doctors. (Princeton Bureau County Republican, IL)
