Citizens that hear about the Clinton "surplus" but also know the national debt never went down may legitimately ask, "How can the national debt increase even when the government supposedly has a surplus?" This article will provide a detailed explanation of how Clinton claimed a surplus even when the government borrowed $18 billion more the same year.
If the national fiscal crisis has accomplished nothing else, it has finally restored the good name of Ebenezer Scrooge. Frugal government, traditionally a contradiction in terms, has become a national ideal -- as well as a national necessity.
Ron Paul solicits votes in the Granite State.
"In other words, under Obama, the government during the last three years has borrowed on average about $4 billion each day. That staggering sum is far in excess of the $1.6 billion per day during the eight-year tenure of George W. Bush, who until Obama's presidency had borrowed more than any peacetime president."
"When it comes to chaperoning America toward bankruptcy, the Democrats have no peers."
This historic vote against the powerful ethanol special interest group just might signal that a new era of fiscal responsibility is possible and give hope to a worried nation that Washington can confront national problems.
Rep. Ron Paul asserts that America's ongoing wars and fiscal challenges make him a serious contender for the Republican presidential nomination.
Washington is suddenly embroiled in one of its most time-honored traditions, a debate about the constitutionality of the War Powers Resolution, specifically how it should be applied to our efforts in Libya.
Ron Paul talks sound money and balanced budget with Neil Cavuto.
When Barack Obama is in flyover country, if you close your eyes, you can almost hear a moderate Republican on the stump.
Some conservatives and Tea Parties are criticizing the budget deal Republicans agreed to with Democrats and the Obama administration on Friday. Should they be?
Rep. Paul Ryan's "Path to Prosperity" spends $6.2 trillion less than the Obama budget and re-establishes the GOP as the party of fiscal responsibility.
Who won the battle of Wisconsin? Republican Gov. Scott Walker got a legislative victory. On the other hand, Democrats, with a wary eye on 2012 and noting the worrying drop in support for President Obama in union-heavy states like Pennsylvania and Michigan, claim to be delighted that Walker has picked this fight.
Wisconsin protests show the “new era of civility” is over, and that union myrmidons continue to put their own self-interests above the rest of the taxpayers and nation.
Inside the beltway, discussion of President Obama's proposed budget for fiscal year 2012 has provoked the "Sturm und Drang" that we have come to expect in the polarized partisan atmosphere that predominates in Washington.
Even though the nation’s unemployment rate is at 9 percent (not the 7 percent projected by the White House, if the stimulus act worked), White House press secretary Jay Carney said Thursday that the stimulus has added “several million jobs” and “lowered the unemployment rate.
In times of massive deficits, why are we borrowing millions to subsidize profitable agribusiness? Lots of presidents have asked that question. George H.W. Bush tried to cut farm subsidies in the late 1980s. Bill Clinton did, too. George W. Bush wanted them ended as well. All failed.
Republicans look strong each time President Obama assaults the treasury or the democratic process, but people seem more willing to forgive his infractions than they are with other politicians.
Federal Reserve Chairman Ben Bernanke seemed to be channeling Chicken Little when he warned congressional Republicans that any delay in raising the debt ceiling beyond the current $14.3 trillion cap could have "catastrophic" consequences.
It's only February and we already have a strong contender for the most substantively offensive quote of 2011.
The problem with left-leaning elites trying to run the U.S. economy from the top down is simple: They think the answer to America's economic woes is to create more jobs that replicate managers just like them.
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