MicroGroks
Trumps biggest disappointment over his tenure (from our point of view) was spending. But he appears to be trying to rectify that. I’d question the timing. We’d have had a good deal more success cutting the budget with Republican majorities in both chambers, which is to say, at least a snowball’s chance in hell. With …
Trump’s Budget Proposes 2.7 Trillion in Cuts – Largest Budget Cut In US History? Read More »
I have written and spoken in the past that because of the Free State Project, “New Hampshire is the luckiest state in the history of the United States.” (State Rep. Cynthia Chase—a statist transplant from statist Rhode Island—recently reinforced that view with her public outburst that “Free Staters are the single biggest threat New Hampshire …
The magnificent small-government activists of Grafton, New Hampshire Read More »
Neither President Obama nor Speaker Boehner tell the full debt story. They try to scare us by saying that if the debt ceiling is not raised, our credit rating might be lowered. But President Obama’s plans to increase our debt by at least $1 trillion annually for the foreseeable future is a bigger and definite threat to our credit rating. Our already significant interest payments won’t be affordable. China and credit rating companies warn us that we are creating too much debt. It is just a matter of time before our huge, growing debt to cause our credit rating to fall.
Despite alarmist claims about not raising the debt ceiling, the Secretary of the Treasury can dispense its approximately $2 trillion revenues on a priority basis. Our country need not default on our debt or fail to pay the military, seniors, the poor, or other critical obligations UNLESS OBAMA’s administration CHOOSES NOT TO MAKE THOSE PAYMENTS.
The US House just finished it’s work on HR1, cleaning up after democrats who in 2010 abrogated yet another constitutional obligation when they refused to write the budget they wanted.
