Apparently, the Republicans in Congress need a brief remedial lesson in the history of debt ceilings in this country over the last thirty years.January 1982 – Commission on Fiscal Accountability of the Nation’s Energy Resources — Debt at $1.14 TrillionJanuary 1983 – National Commission on Social Security Reform – – Debt at $1.20 TrillionJanuary 1984 – Executive Committee of the President’s Private Sector Survey on Cost Control in the Federal Government aka – Grace Commission — Debt at $1.43 TrillionJuly 1993 – National Commission on Financial Institution Reform, Recovery and Enforcement – Debt at $4.35 TrillionSeptember 1993 – From Red Tape to Results: Creating a Government that Works Better and Costs Less (Gore Commission) – Debt at $4.41 TrillionOctober 1997 – National Bipartisan Commission on the Future of Medicare – Debt at $5.42 TrillionFebruary 1999 – Commission to Study Capital Budgeting – Debt at $5.62 TrillionDecember 2001 – The President’s Commission to Strength Social Security – Debt at $5.94 TrillionAugust 2005 – National Surface Transportation Infrastructure Financing Commission – Debt at $7.92 TrillionNovember 2005 – President’s Advisory Panel on Federal Tax Reform – Debt at $8.09 TrillionOctober 2008 – Congressional Oversight Panel (Emergency Economic Stabilization Act) – Debt at $10.57 TrillionFebruary 2009 – President’s Economic Recovery Advisory Board – Debt at $10.87 TrillionMay 2009 – Financial Crisis Inquiry Commission – Debt at $11.32 TrillionSeptember 2010 -The Committee for a Responsible Federal Budget (CRFB) comprehensive report titled The Future is Now: A Balanced Approach to Stabilize the Public Debt and Promote Economic Growth – Debt at $13.56 TrillionNovember 2010 – Peterson-Pew Commission on Budget Reform – Getting Back in the Black – Debt at $13.86 TrillionNovember 2010 – Bipartisan Policy Center (Domenici / Rivlin) – Restoring America’s Future – Debt at $13.86 TrillionDecember 2010 – National Commission on Fiscal Responsibility and Reform (Fiscal Commission) – Debt at $14.02 Trillion
Share on Facebook 1 1 SHARES For those already sounding the death knell for Senator Cruz’s campaign, you may want to hold off a smidge. Virginia, a state that went to Trump in the primary, is set to have their delegate selection on Saturday, and the Cruz ground game is in full effect. GOP insiders with the state expect all 13 delegates to lean to | Read More »
Mike Lee spoke to Mark Levin Thursday evening and didn’t hold back when addressing John Boehner’s attack on Ted Cruz. Keep in mind, Mike Lee is basically the most mild-mannered person in the entire senate, and even he isn’t tolerating this nonsense anymore.
Share on Facebook 1 1 SHARES As a conservative, anti-feminist woman, there is nothing more satisfying, politically-speaking, than seeing one of your own stick it to the mainstream media. And Carly Fiorina’s new position as the Vice Presidential half of the Cruz ticket did just that. The liberal media clearly can’t deal with this new addition to the Cruz team. Yes, it’s a female, but it’s a | Read More »