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  • debt limit

    Morning Bell: The Threats of a Lame Duck Congress

    The lame-duck session begins today, with retiring and defeated Members of Congress coming back to Washington to make their last legislative decisions. Because of the lack of accountability to voters, the lame-duck period brings heightened scrutiny. Congress has 16 working days scheduled between now and the end of the year, … More

    Boehner’s Olive Branch: More Revenues, but Only Through Growth

    Sometimes in post-election America, there is excitement about what the future will bring. This time around, the prospect is rather horrifying. America is racing, pedal to the metal, toward the fiscal cliff—a mixture of tax hikes and defense cuts that loom just after New Year’s. The same Congress and the … More

    VIDEO: House Conservatives Answer Your Questions

    House conservatives gather this morning to take your questions about taxes, sequestration and a range of other issues facing Congress in the coming weeks and months. It’s your opportunity to be heard on Capitol Hill. Submit a question in the comments below. Conversations with Conservatives runs from 11:30 a.m. to … More

    Debt Limit Increases to Nearly $16.4 Trillion

    At the close of business, the federal government’s debt limit will increase by another $1.2 trillion, the final installment in a series of hikes that started last summer. This last increase, from $15.194 trillion to $16.394 trillion, was essentially granted in the Budget Control Act (BCA) of 2011, passed August … More

    Even After Debt Limit Increase, Congress Has Work to Do

    On Thursday, President Obama formally notified Congress that the total federal debt (debt subject to statutory limit) is within $100 billion of the debt limit and requested an increase of $1.2 trillion. The announcement comes as no surprise, because such an increase is the anticipated third and final installment of … More

    Morning Bell: Our Work Has Only Begun

    My fellow conservatives, Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the needs of the country. They are disappointed with a broken government that refuses to fix itself. And they are disappointed that the Budget Control Act … More

    Morning Bell: Liberals Force Choice Between Economic and National Security

    Put the security of the nation at risk or raise taxes. This is the sour “deal” liberal lawmakers are offering in exchange for insufficient spending cuts, according to reports of this weekend’s debt negotiations in Washington. The framework that Republicans and Democrats are close to approving would raise the debt … More

    Scribecast: Sen. Mike Lee on the Need for a Balanced Budget Amendment

    Sen. Mike Lee (R-UT) is a man on a mission. The freshman senator came to Washington after defeating an incumbent Republican, angering some in the GOP establishment but exciting Tea Party activists for his desire to end Washington’s reckless spending. He hasn’t disappointed. Lee wasted little time crusading for a … More

    The Truth about Obama’s Budget Deficits, in Pictures

    Through the fog of the debt limit negotiations, President Obama has attempted to shift the blame for America’s deficit crisis to politicians at large, claiming that “neither party is blameless for the decisions that led to this problem.” Though the culture of overspending is endemic in Washington, don’t let the … More

    Top 10 Reads: July 26, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. What really is poverty? – Ed Feulner Cubans Still Suffer, But Media Looks Away – Mike Gonzalez Learning from the Bay State’s mistake – James Stergios & Lindsey Burke Getting to … More