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    • debt limit

    VIDEO: DeMint Calls McConnell-Reid Debt Plan a ‘Cover-up’

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    July 19, 2011 at 4:35 pm

    11 Comments

    Sen. Jim DeMint (R-SC) is no stranger to fights with party leadership. And he’s not holding back in his criticism of the so-called “Plan B” that’s being developed by Senate Minority Leader Mitch McConnell (R-KY) and Senate Majority Leader Harry Reid (D-NV). “It seems to be a cover-up,” DeMint said … More

    House Can Lead the Way

    July 18, 2011 at 5:27 pm

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    Rotunda at the U.S. Capitol on July 1, 2011

    Liberals from Capitol Hill to the cable networks keep insisting that the nation will go into default unless Congress raises the nation’s debt ceiling by August 2. All along we have felt that such a claim is at least technically wrong, seeing that unquestionably we will be able to make … More

    Shame on the Politically Motivated McConnell Plan to Hike Borrowing With No Spending Cuts

    July 15, 2011 at 2:46 pm

    16 Comments

    Newscom

    The McConnell Plan to hike the debt limit has only one thought behind it — fade the political heat.  The Plan purportedly makes the Democratic President bear the political burden for increases in the debt limit to the benefit of Republicans, but the Plan does nothing for the good of … More

    Washington in a Flash: Donkeys Beat Elephants in Congressional Baseball

    July 15, 2011 at 6:54 am

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    rollcallpix046873-baseball4

    Democrats lost big in November, but scored an impressive victory at last night’s 50th Annual Roll Call Congressional Baseball Game. They beat the GOP squad, 8-2, at Nationals Park. Earlier in the day, the judge in Roger Clemens’ perjury case declared a mistrial. Lots of baseball in Washington, D.C., as … More

    Lunch with Heritage Online Chat on the Debt Limit

    July 14, 2011 at 6:00 pm

    8 Comments

    capitol-night-6-2011

    Click here to join our “Lunch with Heritage” online chat. We are joined by former Congressmen Ernest Istook and he is taking your questions about the Debt Limit, the August 2nd deadline, the balanced budget amendment, and what will happen if the deadline is not met. Join us with your … More

    ‘Quit Lying’: Conservatives Criticize Obama’s Social Security Threat

    July 14, 2011 at 5:53 pm

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    Congressional Republicans are outraged at President Obama’s suggestion that Social Security beneficiaries might not get their checks in the event that the federal debt ceiling is not raised by Aug. 2. “Have you no shame, sir?” asked Rep. Joe Walsh (R-IL) in a short video posted to his website on … More

    Obama Plans Birthday Fundraiser One Day After Debt Deadline

    July 14, 2011 at 4:24 pm

    14 Comments

    Obama birthday cake

    The White House has pegged Aug. 2 as the drop-dead deadline for a debt-limit deal. But deal or no deal, President Obama is heading to Chicago on Aug. 3 for his 50th birthday bash — a pricey fundraiser for his re-election campaign. Obama’s campaign began promoting the birthday last week … More

    Eat Your Peas or the U.S. Will Risk Default

    July 12, 2011 at 1:04 pm

    32 Comments

    President Obama speaks following White House press conference on July 12, 2011

    Yesterday, the President conditioned a debt limit increase on the House and Senate meeting his demands to increase taxes, a very risky declaration. The President declared that he would veto any short-term debt limit increase because he wants a comprehensive deal including tax increases. Ben Feller of the San Francisco … More

    Sen. Jeff Sessions Introduces Debt Limit Transparency Measure

    July 11, 2011 at 7:05 pm

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    capitol-night-6-2011

    Today, Senator Jeff Sessions (R-AL) introduced legislation to force seven calendar days of transparency before any debt limit deal is passed by the Senate. The measure is in the form of a point of order and reads as follows: It shall not be in order in the Senate to proceed … More

    The U.S. Government Debt Default Bogie Man Scares No One

    July 11, 2011 at 3:20 pm

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    President Barack Obama press conference on July 11, 2011

    Ever since the debate over the debt limit began in earnest at the start of the year, the Obama Administration, led by Treasury Secretary Tim Geithner, has implied that the U.S. might default on its publicly held debt. In his press conference today, the President said that “it is not … More

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    The Morning Bell
    Morning Bell: What Did Apple Do Wrong?

    Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But … More

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