Desperate to sell the American people on a yet-to-be-determined plan to raise the debt ceiling, increase taxes, and avoid necessary reforms to rein in government, liberals are turning to an unlikely ally to make their case—former President Ronald Reagan. Their utterly transparent tactic reveals a larger truth: Despite all the …
McConnell-Reid “Just Borrow More” Plan Fails to Cut Spending and Degrades America’s Creditworthiness
Any Senator foolish enough to think the McConnell-Reid “Just Borrow More” Plan solves the debt ceiling problem should look again at what the Moody’s debt rating service said. The McConnell-Reid Plan simply hikes the debt ceiling so the government can borrow more money, with a commission thrown in, to meet …
Sen. Jim DeMint (R-SC) visits Heritage today for The Bloggers Briefing. He will be discussing his new book, “The Great American Awakening: Two Years That Changed America, Washington, and Me,” which highlights the birth of the Tea Party. He will be joined by American Legislative Exchange Council Senior Director for …
AARP’s latest video opposing spending reductions in Social Security or Medicare once again pushes the flawed argument that cutting federal budget waste and loopholes would effectively address America’s unsustainable fiscal problems. A senior featured in the video asks, “With billions in waste and loopholes, how could they look at us?” Yes, …
Everyone’s heard that Moody’s has threatened to downgrade our bond rating unless the debt ceiling is raised. We get that—crisis pending, yada, yada, yada. But if you read the announcement closely, there are important new points they added to the mix. First, Moody’s really doesn’t believe–that the President really will …
