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    Dodging the Debt Limit Stampede

    Brand-new Congressmen don’t take office until January, but they’re already consumed with worry about the national debt.  They’ll be faced with a vote expected next year to raise the debt ceiling beyond its current $14.3-trillion (about $47,000 apiece for everyone in America). The current $14.3-trillion debt ceiling has almost doubled … More

    Heritage Video: Congress Maxes-Out Credit Card, Then Raises Its Limit

    With Congress looking to spend its way out of the recession, it’s running into a bit of a hiccup: the government’s credit card is about to be maxed-out. And big spenders in Congress aren’t planning on cutting spending in order to balance the budget. Instead, Congress will raise the debt … More