Federal Debt Archives - Granite Grok

Federal Debt

Burning-Money

“Fiscally Responsible™” Maggie Hassan Helped Add 11.5 Trillion to the Federal Debt in Under 6 Years

In 2016 when Maggie Hassa squeaked out a win over Kelly Ayotte for a US Senate seat from New Hampshire, the Deficit was at 19.5 Trillion. Given that Hassan is selling herself as a fiscally responsible™ tax-cutter, we might be able to discern the truth of that by looking at what the National debt is …

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Sky universe no ceiling Photo by Kristopher Roller on Unsplash

The Debt Sky

Thanks to Republicans in the Senate, the federal debt ceiling is about to rise by $480 billion.  That ceiling always gets reached eventually, which means that $480 billion is going to be borrowed, to be paid back later with interest.

GrokTV Special Interview-Rick Parent (Cand, Congress NH-CD1)-Question 7: Budget is $1T out of balance; What gets cut?

It is clear that a major part of Rick Parent‘s concern is that of the gobsmacking debt that our “leaders” (both Democrat and Republican) have run up in our names (and wallets) – $16 Trillion and now over 100% of our GDP (a “red zone” on a gauge of OK, caution, and “Danger, Will Robinson!”).  …

GrokTV Special Interview-Rick Parent (Cand, Congress NH-CD1)-Question 7: Budget is $1T out of balance; What gets cut? Read More »

Data Point – Interest payments on slope to exceed DoD budget

Liberals and Progressives have, for years, said that we have to decrease spending on defense and spend it on more important things – don’t think that they meant debt payments.  Sorry, but you guys, in the end, are going to be the ones that screwed your own social programs. (H/T: Weekly Standard)

Isn’t there anyone out there with their hands out for more, realize that the Feds are broke? Even bicyclists want more?

Ugh. I went to Grokster Mike’s St. Patrick’s Day get together last nite and on the long trip down on WBZ, there was a little blurb about yet another group looking for yet another handout from the Federal Government.  But first, some back ground as to my disgust: Our Federal debt has now exceeded our …

Isn’t there anyone out there with their hands out for more, realize that the Feds are broke? Even bicyclists want more? Read More »