Tag Archives | federal debt
big oil subsidies

If Republicans are concerned with the budget, drop Big Oil subsidies

It makes no sense.  Actually, it makes absolute sense to those that seek the truth or are slightly educated.  If America’s fiscal health was really that important to Republicans and Democrats, there would be no oil subsidies. It’s a big one, about $40 billion a year in subsidies, tax breaks and loop holes.  And guess [...]

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Ethanol Subsidies

Ethanol Subsidies Must Expire!

Enough harm has been done by the poor decision of congress to create Ethanol subsidies.  They play with commodity prices until they dig themselves a hole so deep, they don’t know how to get out.  Ethanol subsidies have raised food prices, contributed to devastating pollution run-off and handed fuel blending companies $6 billion a year in tax [...]

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US Financial Crisis

Taxes and National Debt – Will Republicans and Democrats Ever Agree?

I read an article today from CNN Money as part of their new series named Project Compromise.  The piece is written Alan Blinder, an economics professor at Princeton University, was a member of the Council of Economic Advisers under President Bill Clinton. Taxes and National Debt Alan points out the expected failure of the Join Select Committee [...]

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Bush or Obama

National Debt – Obama’s fault, or Bush’s?

The US National Debt continues to grow and US citizens continue to look to blame someone.  The leader usually bears that blame, in this case, the President of the United States.  But, the question seems to remain, which President? Bush Haters I was having a conversation yesterday with someone that was obviously an Obama supporter. [...]

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Federal Bailout

Bush Tax Cuts Deal Contrary to Deficit Concerns

Both ruling political parties in the United States government claim to understand the growing federal debt is the greatest looming black cloud; however both parties got what they wanted in December.  They both were able to contribute to the national debt. How disconnected is the US government? The government is expected to be more intelligent, [...]

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