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    Morning Bell: “Default” Is a Red Herring in Debt Ceiling Debate

    January 15, 2013 at 8:31 am

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    Brendan Smialowski/AFP/Getty Images/Newscom

    Yesterday, President Obama accused his opposition in Congress of threatening to “default” on America’s loans in order to make a political point. I am not going to have a monthly or every three months conversation about whether or not we pay our bills because that in and of itself does … More

    Budget 2011: Why Our Debt Matters

    January 4, 2010 at 12:13 pm

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    Interest. Or to be more precise, interest payments. That, Heritage Senior Fellow J.D. Foster explains, is the biggest reason why Americans should be very concerned with the trillions of dollars in debt our federal government is piling up in Washington. Watch: And the situation is only going to get worse … More

    The Cost of Our National Debt in Pictures

    December 11, 2009 at 4:06 pm

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    Late this December, the Unites States Treasury will reach the $12.1 trillion statutory ceiling on the national debt. It will mark the 91st time Congress has had to raise the debt limit since the original $43 billion ceiling was established in 1940. Many on the left argue that the United … More

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    The Morning Bell
    Ed Meese: We’ve Seen the Effect of “Amnesty” Before

    Experts can’t always predict exactly how public policy will affect the nation, despite our best efforts. But when it comes to immigration policy, we have tried many of the types of reforms advocated by today’s Gang of Eight—so we should consider the effects these reforms had in the past. In … More

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