Skip to content

Tag: debt

U.S. Rep. Mo Brooks (R-AL) on his way to the House Chamber for a procedural vote on the House floor September 28, 2013 on Capitol Hill in Washington, DC. The House will vote later today on two amendments to the Senate-passed continuing resolution that will keep the government running.

Rep. Mo Brooks: Congress Must Use ‘Power of the Purse’ To Block Obama’s Refugee Plan

“It will be very difficult for me to vote for any funding bill that risks American lives by improving the chances of successful terrorist attacks on American cities,” Mo Brooks said in an interview with Breitbart News Tuesday. “And so if that’s the funding bill Barack Obama and the House and Senate leadership want me to support they’re going to need to look elsewhere for votes.”

Ben Carson in San Francisco AP PhotoEric Risberg

Ben Carson Draws Thousands in CA

On Wednesday afternoon, 2016 Presidential candidate and pediatric surgeon Dr. Ben Carson addressed thousands of people at a rally in Anaheim, California. Much of Carson’s question and answer session touched significantly on his medical experience. His speech centered around his

Clem Murray/The Philadelphia Inquirer via AP

Too Much Debt: Chris Christie Blames Obama For Stock Crash

New Jersey Governor Chris Christie reacted to the news of the stock market crash on Wall Street earlier today on Fox News, blaming President Obama for racking up too much national debt. “What’s happened is, because this president has run up more debt than any president in American history, that debt has been given to us in large measure by the Chinese,” he said.

Texas State Capitol, Photo by Bob Price

Op-Ed: Texas and TRANs — Avoiding Short-Term Debt in 2016

If there’s an 18-year-old in your life — or if you’ve been 18 yourself, in the not-too distant past — you know that credit card invitations start clogging the mailbox right around that magic birthday. And whether you’re a “financial education” specialist or just your average parent, you know one of the first lessons an 18-year-old needs to learn is not to borrow when you don’t have to.

AP Photo

Poll: Greece Financial Crisis Likely to Disturb Tourist Industry

The poll found that UK, France, Germany and the Netherlands appear to view the perception of Greece more negatively due to the current situation. However, the study showed countries that were more impacted by the economic crisis across Europe had a less negative opinion of Greece as a tourist destination.

Mark Theiler/Reuters

EXCLUSIVE: Dr. Ben Carson’s Wife Candy Carson Encourages Voting, ‘Next Election Is Critical for Our Nation’

In her first interview since her husband, Dr. Ben Carson, announced he is running for president, Candy Carson talked to Breitbart News exclusively about their wedding anniversary, family, and faith, but she also stressed how critical it is for Americans to get out there and vote as well as educate themselves on the issues to hold their Congressmen accountable.

Screen Shot 2015-03-17 at 12.50.55 PM

Greek Meltdown Watch: Yanis Varoufakis Resigns as Finance Minister

As Greece breaks apart on the rocky shores of the European Union, the man who did so much to run his nation’s finances aground has decided to call it quits. The New York Times sees the sudden resignation of “combative” Finance Minister Yanis Varoufakis as a gesture of “conciliation” between the socialist Syriza government and a thoroughly fed-up European Union, but it might be premature to talk about Greece making peace with its creditors.

Alejandro Garcia Padilla

‘Death Spiral': Puerto Rico Faces $72 Billion Debt Default

Puerto Rico’s governor said that the U.S. territory was in a “death spiral” and may default on the $72 billion debt it has accrued. “Even if we raise revenues and cut costs, the magnitude of the problem is such that we would not resolve anything given the weight of the debt we’re dragging,” the Democratic governor, Garcia Padilla, said in a public address.

AP Photo/Eric Gay

Perry: US Debt ‘Immoral’

Former Texas Governor and Republican presidential candidate Rick Perry dubbed the US debt “immoral” in an interview with Fox News Channel host Greta Van Susteren released on Monday. Perry began by touting his economic record as Governor of Texas and

Europe Greece Flags Athens

Greece Told to Back Down on Debt Demands by Creditors

The long standoff between intransigent Greek socialists and their increasingly exasperated creditors appears to be reaching an end, judging by the commentary after an International Monetary Fund meeting this week. It sounds as if the Greeks are running out of cards to play.

Medicare (Justin Sullivan / Getty)

Medicare Hits 50 Years Old and Is Broke as a Joke

On July 30, 1965, President Lyndon Johnson signed Medicare into law and enrolled former President Harry Truman as its first beneficiary. But today, federal unfunded liabilities are catastrophic for future taxpayers and economic growth. The US Debt Clock lists federal unfunded liabilities at $97 trillion. That equals about $818 thousand per taxpayer; about three times average U.S. net worth; and 131 percent of world GDP.