national debt

Don’t Let the Swamp Win: President Trump & Congress Must Restrain Spending in Upcoming Budget Deal

As Congress and the White House continue to negotiate a deal on spending caps, 76 leaders of the conservative movement involved in the Conservative Action Project have released a memo urging all parties involved to restrain spending.

Chip Roy wants to actually debate a $19 billion spending bill, and Democrats think it's the end of the world

Rachel Bovard, Washington Examiner

More and more, bills are written behind closed doors by just a handful of members, just as this bill was written by a handful of senators whose states would benefit from it, before being dumped on the larger membership, who is then told to "Pass it, or else." In standing up to the D.C. establishment, Rep. Chip Roy has joined the ranks of Sens. Rand Paul and Mike Lee, plus former Sen. Jim DeMint and others who the swamp loves to hate for doing the jobs they were elected to do. This week, that small club got a new member. Conservatives everywhere should be applauding.

Conservatives Balking At $2 Trillion Infrastructure Plan

President Trump campaigned on increasing infrastructure spending, but we see a carefully laid Democrat minefield looming in this latest “agreement” with plenty of political downside to the President and Republican 2020 candidates if he proposes raising taxes or blows up the deficit before the 2020 election.

McConnell Ready To Betray Trump on Spending

White House officials are leery of where budget talks between McConnell and Pelosi may lead, noting that the last bipartisan deal reached in early 2018 boosted spending by $300 billion over two years. Conservative policy experts are urging Trump not to trust McConnell to put together a spending deal that wouldn’t blow up the deficit.

Republican Spenders: Where’s the Backbone?

Garland S. Tucker III, The American Spectator

As liberals boast about “being morally right,” Republicans have failed to make the moral argument against more deficit spending. Is it moral to spend the nation into bankruptcy? Government has spent trillions of taxpayers’ hard-earned dollars on welfare programs to end poverty since the 1960s — but the poverty rate hasn’t declined. Was that spending moral? Was it moral to create a huge class of Americans who are permanently dependent on the government? The answer is no. It is immoral, and it is dangerous.

Republican House Increased Debt $7.9 Trillion in 8 Years

Terence P. Jeffrey, CNS News

At the close of business on Jan. 4, 2011, the day before the Republicans took control of the House, the debt was $14,014,049,043,294.41, according to the Treasury. On Jan. 3, 2019, the last day before the Republicans turned control of the House back to the Democrats, the debt closed at $21,929,258,046,653.58. So, under the Republican House majorities in four Congresses, the debt climbed $7,915,209,003,359.17. The federal debt did not climb by nearly a trillion dollars a year under a Republican-controlled House because the government did not tax enough, it spent too much.

Tell Your Representative To Vote Yes On H.R. 3 To Cut Spending Today

We join Adam Brandon of FreedomWorks and other conservatives in urging CHQ readers to contact their Representative and Senators TODAY. The toll-free Capitol Switchboard is (1-866-220-0044) ask them to vote YES on the Spending Cuts to Expired and Unnecessary Programs Act, H.R. 3 and S. 2979.

‘After us the flood’

Rep. Tom McClintock, Washington Times

The RSC budget gores every sacred cow in the federal government, and partisans of the status quo will howl in protest. But we are running out of time and running out of options. Those same voices have placed us on a collision course with bankruptcy, and countries that bankrupt themselves aren’t around very long. Every expert who has appeared before the House Budget Committee has agreed that on our current trajectory, it is only a matter of time until a sovereign debt crisis brings down our country. And time is not our friend.

Washington Offers Up Bread and Circuses, but the U.S. Is Remarkably Resilient

John Fund, National Review

We cannot follow our present course indefinitely before the lack of seriousness catches up with us. Adam Smith, the 18th-century father of modern economics, once reassured a friend that there was a “great deal of ruin in a nation,” by which he meant that it takes an awful lot to bring down a powerful and prosperous state. So while we should be pleased our country appears to be handling its current stress tests, we shouldn’t ignore the earthquakes that could come if we don’t pursue permanent reforms.

$21 trillion reasons to fix the budget process

James Lankford and Tom Coburn, Washington Times

In the future, no one will remember the current stock market highs when we face the reality of deep debt and limited economic options. It is time to stop following the well-worn path of deficits and start leading our nation down the road less traveled toward financial health. President Trump campaigned on Making America Great Again. It’s time that we all start working to Keep America Great for the next generation. Hopefully, the Select Committee on Budget and Appropriations Reforms can produce a bipartisan common sense solution that begins to solve our debt crisis.

Obama’s real debt and deficit legacy

Stephen Moore, Washington Times

Mr. Obama’s failed presidency is being falsely lionized as a deficit cutter. The new spin from the left is that Mr. Obama saved the U.S. from a second great depression, when in fact he gave America the weakest recovery from a recession since the Great Depression. He also left Mr. Trump with an economy that was crawling at 1.6 percent— which is why many people thought we were headed to another recession. No one thinks that today.

The Only Way President Trump’s Infrastructure Plan Works

The focus on projects that contribute to GDP growth is what makes the President’s plan workable – or at least worth considering – in this age of massive deficits. Congress should keep the focus there and resist the temptation to siphon money off to boondoggles (like bike paths, parks and trails) that do not produce a return on investment through GDP growth.

Your Mission During August Recess: Start The Debt Ceiling Battle

All presidents want a clean debt ceiling increase. The only way automatic debt ceiling increases will stop is if grassroots conservatives turn out and demand that spending be cut, as President Trump’s budget proposed, and that Congress implement debt reforms now.

Coalition to Reduce Spending Launching "What’s my Congressman’s Number?"

The Coalition to Reduce Spending has created “What’s my Congressman’s Number,” a new project for spending accountability. When it launches in 2017, everyday Americans will be able to view, in real time, how much money their Representatives and Senators are spending.

Dr. Jerry Falwell, Jr.: Americans Must Unite Behind Trump And Pence Or Suffer Dire Consequences

It is naive or deceptive for conservatives to claim that a write-in vote or a third-party vote will not benefit Clinton. A vote for Donald Trump and Mike Pence is a vote for more freedom and less government, a vote for national security and responsible immigration policy, a vote to finally fight radical Islamic terrorism. It is a vote to rebuild America’s respect overseas and a vote for strict-constructionist and pro-life Supreme Court justices.

Hillary Clinton’s America: More Debt, More Regulation and Leftist Courts

Our economy has not seen a single year of growth above 3 percent while President Barack Obama has been in office. The reasons why our economy is still struggling are because our already government taxes and spends far too much, and in Clinton’s America, we can expect more of the same.

National debt hits $19.5 trillion

Pete Kasperowicz, Washington Examiner

The national debt hit $19.5 trillion for the first time ever this week, a little more than seven months after it hit the $19 trillion mark. When President Obama took office in early 2009, the total debt was $10.63 trillion, which means it has almost doubled under his watch.

The Real Existential Threats of 2016

Patrick J. Buchanan, WND.com

A question logically follows: If one belongs to that third of the nation that pays no income taxes but receives copious benefits, why would you vote for a party that will cut taxes you don’t pay, but take away benefits you do receive? Traditional Republican platforms ask half the country to vote against its economic interests. As a long-term political strategy, that is not too promising.