Category: Deficits

Federal Government Hauls in Record Tax Revenue; Debt Continues to Skyrocket

Posted on by Dave Blount

Elections come, elections go. Through it all, Big Government does grow: The U.S. Treasury hauled in $240,418,000,000 in total taxes in the month of May, setting a record for inflation-adjusted tax revenues for that month of the year, according to the Monthly Treasury Statement released this week. Great; we’ll finally make some headway against that […]

 

Parent Plus Loans: Mortgage Crisis 2.0

Posted on by Dave Blount

Stop me if you’ve heard this one before. As part of its mission to redistribute wealth and impose equality, the government loans out $zillions to people who probably won’t be able to pay it back. When the bills come due, economic chaos results. I’m not talking about the mortgage crisis that came to a head […]

 

Paul Ryan Just Betrayed America: The $1.1 TRILLION Bill That Will Change America Forever

Posted on by Terresa Monroe-Hamilton

Many of us warned about Paul Ryan before he was swept in by popular demand to be Speaker of the House. Here’s the proof of that with an outright betrayal of America through an appropriations bill. The Omnibus bill that Ryan is putting forth fully funds Amnesty and sanctuary cities. In fact, it funds all […]

 

Cowardly, Corrupt Senate Sneaks in During the Dark of Night to Pass Budget Buster Deal

Posted on by Terresa Monroe-Hamilton

This should infuriate every American out there, not just conservatives. What Mitch McConnell just did in league with John McCain and Lindsey Graham is nothing short of treason in my opinion. Under the cover of night, the Senate voted to approve a budget deal that gives Obama unlimited spending power through the end of his […]

 

Boehner Increases the Debt Ceiling by $1.5 Trillion in a Symbolic Flip-Off on His Way Out

Posted on by Terresa Monroe-Hamilton

In a parting middle finger gesture towards conservatives, John Boehner has caved to Obama and is raising the debt ceiling by $1.5 Trillion and increasing spending by at least $80 billion over the next two years. He’s given Obama a blank check to spend during his time left in office. How thoughtful. The House has […]

 

One Bankrupt Nation to Another… Obama Proposes US Bailout of Puerto Rico to Congress

Posted on by Terresa Monroe-Hamilton

Surprise, surprise, surprise! This is being put forth at exactly the same time Hillary Clinton is testifying in front of the Benghazi Committee. This is happening a little later than I thought, but this is not surprising. Obama is telling Congress we must bailout Puerto Rico or we are all doomed! They are bankrupt… we […]

 

Threats & Manipulation: Treasury Sec. Tells Congress Debt Limit Exhausted Nov. 3rd [Video]

Posted on by Terresa Monroe-Hamilton

This happens at this time of year every year that Obama has been in office. Every. Single. Year. Instead of passing a balanced budget and reigning in spending, the Treasury and the Liberals demand the debt ceiling be raised or else. We are broke. As of this morning, the US was almost $18.5 Trillion in […]

 

Trump’s Tax Plan: Taxes Lowered & Simplified… Boom the Economy, Shrink the Debt

Posted on by Terresa Monroe-Hamilton

I’m more of a fair tax/flat tax kind of gal, but Trump’s tax plan has merit if you take the time to review it. Before I get into that though, I just have one question… why is Trump having to put forth all these plans and no other candidate on either side of the aisle […]

 

Obama Lied Again: He Said He’d Cut Healthcare Premiums to $2,500, But They’ve Soared to Nearly $5,000

Posted on by Warner Todd Huston

When our liar in chief first came to office he claimed that he was going to “fix” the healthcare system. Then, when he began to sell Obamacare he promised that all of our insurance premiums would be about $2,500 annually. But now we find that this liar missed it again. Premiums have soared to nearly […]

 

Welfare and Assistance Programs are Costing the U.S.A. $742 BILLION a year–And Climbing!

Posted on by Warner Todd Huston

Welfare and assistance program spending has gotten so out of hand that the U.S. is now spending more per year on it than most nation’s GDP! Fully one third of the nation now receiving welfare benefits. And this doesn’t even include the amount spent on Social Security and Medicare. A new study by the Government […]

 

John Kerry’s “Iran Deal Or Else” Comment Drives Glenn Beck Up The Wall

Posted on by Scott McKay

Secretary of State John Kerry’s latest statement aimed at pressuring Congress to ratify the Iranian nuclear deal hints at utter catastrophe for the American economy if it’s voted down, and an incredulous Glenn Beck is demanding a full-scale media investigation of his claim. From The Blaze… Kerry was speaking at a Reuters event when he […]

 

WARNING: ‘Overwhelming Wave of Deflation’ Poised to Strike US Economy to Suck Us Into Recession

Posted on by Warner Todd Huston

A well known financial advisor is now saying that a major recession is inevitable now and that it is going to severely depress the U.S. economy in a wave that will be worse than the 2008 financial mess. The folks at Business Insider have published the warning by Societe Generale strategist Albert Edwards and the […]

 

Michelle Obama’s Latest Undeserved China ‘Vacation’ Cost Us Over $360,000 JUST in Airfare

Posted on by Warner Todd Huston

The costs to the American people are starting to come in putting a price tag on yet another one of Michelle Obama’s lavish and wholly undeserved vacations–her China trip in this case. We have just learned that her transportation costs alone cost the US Treasury over $360,000. Judicial Watch has done yeomen’s work digging up […]

 

The Minimum Wage Is One of the Key Policies That Will Cause Puerto Rico to Go Bankrupt

Posted on by Terresa Monroe-Hamilton

Puerto Rico just signaled that it will file for Chapter 9 protection. They just hired former Detroit judge Steven Rhodes to assist them with this. This is the same tactic that was used by the City of Detroit. A lot of Puerto Rico’s woes can be traced to entitlements and the minimum wage in that […]

 

American Territory Puerto Rico May Be About To Default On Its Debt

Posted on by Terresa Monroe-Hamilton

Greece basically defaulted over the weekend with bank runs. Their banks are closed today and a limit of 60 Euros in withdrawals is being mandated. Their stock market is closed for at least a week and the Asian stock markets were a bloodbath last night. Now on the debt hit parade comes Puerto Rico. Puerto […]

 

Obama’s Marxist Social and Demographic Engineering of America

Posted on by Terresa Monroe-Hamilton

NoisyRoom.net Obama is now making offers to debt-ridden municipalities that they dare not take. It’s like the devil offering you a way out and then collecting on that debt. Or, if you prefer, it’s like the mafia giving you money to solve your problems and then you owe them. Forever. The leaders in these areas […]

 

The Fat Lady Hums A Few Notes

Posted on by Terresa Monroe-Hamilton

NoisyRoom.net Amidst all the other emergencies, real and concocted here in the US, one has gone almost virtually unnoticed. But it’s a kicker. The Bird Flu is sweeping the country like wildfire and has now killed 45 million chickens and turkeys here in the US… 20 million 2 months ago and 25 million last month. […]

 

Disappointing March Jobs Numbers: Obama Economy STILL in the Dumps

Posted on by Warner Todd Huston

Obama and his lapdog media have been pretending for years that Obama has “saved” the economy. But the numbers seem to tell a different story. Especially where it concerns the number of Americans who have become so despondent that they have given up looking for work in this terrible Obama era. The number of Americans […]

 

VIDEO: Watch as Sean Hannity Slams John Boehner as a ‘Gruber’ Turncoat And Secret Obama Ally

Posted on by Warner Todd Huston

Sean Hannity came out full force to slam Republican Speaker of the House John Boehner as a turncoat traitor to Republicans and said that he should be immediately replaced as Speaker. Last Thursday, Speaker Boehner presided over the passage in the House of a budget that pays for Obama’s amnesty, gives illegals Social Security benefits, […]

 

John Kerry Announces that Obama is Wasting $3 BILLION Tax Dollars on UN’s Global Warming Scheme

Posted on by Warner Todd Huston

Secretary of State John Kerry appeared at the COP-20 global warming conference in Lima, Peru on Dec. 11 to announce that President Obama is giving $3 BILLION of our tax dollars to fund the UN’s latest global warming scheme. With nonsense like this, no wonder Obama is the biggest spending, most wasteful President in American […]

 

Under Obamacare, Healthcare Costs Soar & Obama’s $40 Million Vacation Tab

Posted on by Warner Todd Huston

Remember how our liar in chief said that under his all powerful Obamacare law medical costs would go down? That apparently was the next lie of the year after his lie that we could all keep our doctors and insurance if we liked it as spending on healthcare exploded in the first Obamacare quarter and […]

 

Obama Library Starts Off With $100 Million in Corruption in Chicago

Posted on by Warner Todd Huston

Why is it not a surprise that the first moves to make Chicago the home of the Barack Hussein Obama Presidential Library are born in corruption? But I suppose it is a fitting way to start a library for one of the biggest failure and most corrupt politicians ever to sit in the White House. […]

 

Whole Foods CEO: Obamacare Will Create a Permanent Part-Time Workforce

Posted on by Warner Todd Huston

The CEO of Whole Foods, well known for standing against Obamacare, recently pointed out that the President’s government take over of our healthcare system will create a permanent part-time work force filled with positions that will never be able to advance to full time work. Because of that, Obamacare is hardly a very American ideal […]

 

Obama Blames Reagan For Lack Of Trust In Government, Or Something

Posted on by Matt Vespa

Keeping with the “Obama is oblivious about government” theme, here’s another nugget from his little chat with MSNBC’s Chris Matthews last week. : Concerning the lack of trust his administration now has with the American people, Obama had someone to blame for this development: Ronald Reagan. We’ve had a politics, frankly, you know,: the entire Republican Party […]

 

We’re the Next Greece

Posted on by Rachel Alexander

The country of Greece is in catastrophic economic chaos due to a history of irresponsible spending. This is where the U.S. will be in few years unless drastic changes are made. The question is no longer if, but when. At some point, there will no longer be any low-interest credit available to continue letting Santa […]

 

Lagarde Beckons the US to Commit Economic Suicide and Save Europe from Themselves

Posted on by Terresa Monroe-Hamilton

By: Terresa Monroe-Hamilton NoisyRoom.net Photo by: Alex Brandon So, Lagarde knows that ‘entitlements’ are a problem for the US down the road, but wants us to incur more debt right now to keep Europe from sliding into another recession. Where to start with this one. First off, the US committing economic Seppuku will not save […]