The White House announced Thursday morning that President Barack Obama wants Congress to “fully reverse” bipartisan sequester spending limits by boosting domestic and defense spending by $70 billion in an effort to “end the era of manufactured crises and mindless austerity.”
On Tuesday, talk radio host and author of “The Liberty Amendments,” Mark Levin argued that the national debt will lead to a full, real government shutdown. “You’ll hear these people ‘we can’t have a government shutdown’…the government’s going to shut
CBO Director Douglas Elmdorf testified that debt will exceed 100% of GDP within 25 years and continue to rise, a “trend that could not be sustained” and would eventually heighten “the risk of a fiscal crisis” before the House Budget
Young America’s Foundation has released its Youth Misery Index (YMI) numbers for 2014, and it’s a record high of 106.5. The Youth Misery Index (YMI) is calculated by adding youth unemployment, student loan debt, and national debt (per capita) numbers.
