Monthly Archives: November 2012

Obama Has Borrowed More Than All Presidents

The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into … Continue reading

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Taxes Going up January 1st — Thanks to Obamacare

Today, Republican Study Committee Chairman Jim Jordan issued the following statement highlighting the $1.058 trillion in higher taxes coming from ObamaCare over the next ten years. Many of the tax increases take effect on January 1, 2013: “ObamaCare raises taxes on … Continue reading

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Voluntary Contributions to Pay Down National Debt Hits Record!

The U.S. Treasury Department website states that voluntary contributions to pay down the national debt in fiscal year 2012 reached a record amount of $7.7 million, which is 0.00005 percent of the total national debt of $16,309,738,056,362.44, or approximately $16.3 … Continue reading

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