With the national debt soon to reach $17 trillion, it’s not surprising that even the President can’t quite grasp the concepts of the debt ceiling and our national debt (see: “Raising the Debt Ceiling … Does Not Increase Our Debt“)—numbers this size are notoriously difficult for any of us to accurately conceive. That’s why…
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Just in case anyone is thinking that it’s OK the IRS abuses its power because, after all, we need to fund the government and all the important functions its serves, you might be interested in the following. On Thursday, June 6, there will be a hearing entitled “Collected and Wasted: The IRS Spending Culture…
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Thanks are due to the Wall Street Journal for running the impassioned speech of then-Sen. Barack Obama, delivered on the Senate floor, March 16, 2006: Mr. President, I rise today to talk about America’s debt problem. The fact that we are here today to debate raising America’s debt limit is a sign of leadership…
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