Tag: Debt

As If Obamacare Wasn’t Bad Enough… Federal Debt Jumped $409 Billion In October

Federal Debt Jumped $409 Billion In October; $3,567 Per Household – CNS

The debt of the federal government, which is normally subject to a legal limit, jumped by $409 billion in the month of October, according to the U.S. Treasury.

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That equals approximately $3,567 for each household in the United States, and is the second-largest one month jump in the debt in the history of the country.

In the continuing resolution deal sealed by President Barack Obama and the Republican congressional leadership last month, the legal limit on the federal debt was suspended until February 7 of next year.

The single greatest one-month increase in the federal government’s debt came in October 2008, when Congress enacted the Troubled Asset Relief Program to bail out the financial industry.

In that month, the debt subject to the legal limit climbed by about $545 billion.

At the close of business on Sept. 30, 2013, the last day of fiscal 2013, the federal debt subject to limit stood at $16,699,396,000,000. At the close of business on Oct. 31, 2013, the first month of fiscal 2014, the debt subject to limit stood at approximately $17,108,378,000,000.

Thus, during October, the debt increased $408,982,000,000 – or about $3,567 for each of the 114,663,000 households the Census Bureau estimates there are in the United States.

From May 17, when the Treasury was approaching the previous debt limit, until Oct. 17, when Congress enacted the CR suspending the debt limit until February, the Treasury reported that the debt closed each business day at $16,699,396,000,000 – or about $25 million below the then-legal-limit of 16,699,421,095,673.60.

Click HERE For Rest Of Story

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Wondering Which Republicans In Congress Just Sold Out Their Constituents? Here Is The List

List: Republican House, Senate Votes On Debt, Shutdown Deal – Breitbart

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Twenty-seven Republican senators voted for Wednesday’s bill passed by the upper chamber to fund the U.S. government in a continuing resolution and extend the nation’s debt limit. Eighteen voted against the measure, and one was not present.

YEA VOTES
Lamar Alexander (TN)
Kelly Ayotte (NH)
John Barrasso (WY)
Roy Blunt (MO)
John Boozman (AR)
Richard Burr (NC)
Saxby Chambliss (GA)
Jeff Chiesa (NJ)
Dan Coats (IN)
Thad Cochran (MS)
Susan Collins (ME)
Bob Corker (TN)
Deb Fischer (NE)
Jeff Flake (AZ)
Lindsey Graham (SC)
Orrin Hatch (UT)
John Hoeven (ND)
Johnny Isakson (GA)
Mike Johanns (NE)
Mark Kirk (IL)
John McCain (AZ)
Mitch McConnell (KY)
Jerry Moran (KS)
Lisa Murkowski (AK)
Rob Portman (OH)
John Thune (SD)
Roger Wicker (MS)

NAY VOTES
Tom Coburn (OK)
John Cornyn (TX)
Mike Crapo (ID)
Ted Cruz (TX)
Mike Enzi (WY)
Chuck Grassley (IA)
Dean Heller (NV)
Ron Johnson (WI)
Mike Lee (UT)
Rand Paul (KY)
James Risch (ID)
Pat Roberts (KS)
Marco Rubio (FL)
Tim Scott (SC)
Jeff Sessions (AL)
Richard Shelby (AL)
Pat Toomey (PA)
David Vitter (LA)

Sen. Jim Inhofe (R-OK), who is recovering in Oklahoma from quadruple bypass heart surgery, did not vote.

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HOUSE ROLL CALL

Eighty-seven Republican Congressmen voted for the bill, and 144 voted against.

YEA VOTES
Bachus
Barletta
Benishek
Bilirakis
Boehner
Boustany
Brooks (IN)
Buchanan
Calvert
Camp
Cantor
Capito
Coble
Coffman
Cole
Cook
Cotton
Cramer
Crawford
Crenshaw
Daines
Davis, Rodney
Dent
Diaz-Balart
Fitzpatrick
Fortenberry
Frelinghuysen
Gardner
Gerlach
Gibson
Griffin (AR)
Grimm
Guthrie
Hanna
Harper
Hastings (WA)
Heck (NV)
Herrera Beutler
Issa
Jenkins
Joyce
Kelly (PA)
King (NY)
Kinzinger (IL)
Kline
Lance
Latham
LoBiondo
McCarthy (CA)
McHenry
McKeon
McKinley
McMorris Rodgers
Meehan
Miller, Gary
Murphy (PA)
Nunes
Paulsen
Pittenger
Reichert
Ribble
Rigell
Rogers (KY)
Rogers (MI)
Ros-Lehtinen
Roskam
Runyan
Schock
Shimkus
Shuster
Simpson
Smith (NE)
Smith (NJ)
Terry
Thompson (PA)
Tiberi
Tipton
Upton
Valadao
Webster (FL)
Whitfield
Wittman
Wolf
Womack
Young (AK)
Young (IN)

NAY VOTES
Aderholt
Amash
Amodei
Bachmann
Barr
Barton
Bentivolio
Bishop (UT)
Black
Blackburn
Brady (TX)
Bridenstine
Brooks (AL)
Broun (GA)
Bucshon
Burgess
Campbell
Carter
Cassidy
Chabot
Chaffetz
Collins (GA)
Collins (NY)
Conaway
Culberson
Denham
DeSantis
DesJarlais
Duffy
Duncan (SC)
Duncan (TN)
Ellmers
Farenthold
Fincher
Fleischmann
Fleming
Flores
Forbes
Foxx
Franks (AZ)
Garrett
Gibbs
Gingrey (GA)
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (MO)
Griffith (VA)
Hall
Harris
Hartzler
Hensarling
Holding
Hudson
Huelskamp
Huizenga (MI)
Hultgren
Hunter
Hurt
Johnson (OH)
Johnson, Sam
Jones
Jordan
King (IA)
Kingston
Labrador
LaMalfa
Lamborn
Lankford
Latta
Long
Lucas
Luetkemeyer
Lummis
Marchant
Marino
Massie
McCaul
McClintock
Meadows
Messer
Mica
Miller (FL)
Miller (MI)
Mullin
Mulvaney
Neugebauer
Noem
Nugent
Nunnelee
Olson
Palazzo
Pearce
Perry
Petri
Pitts
Poe (TX)
Pompeo
Posey
Price (GA)
Radel
Reed
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rohrabacher
Rokita
Rooney
Ross
Rothfus
Royce
Ryan (WI)
Salmon
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Smith (MO)
Smith (TX)
Southerland
Stewart
Stockman
Stutzman
Thornberry
Turner
Wagner
Walberg
Walden
Walorski
Weber (TX)
Wenstrup
Westmoreland
Williams
Wilson (SC)
Woodall
Yoder
Yoho

NOT VOTING
Young (FL)

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Related article:

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Kentucky Kickback: Senate Budget Deal Includes $3 Billion For Dam Project In McConnell’s Home State – Weasel Zippers

He sold us out for a friggen dam.

Via WFPL:

A proposal to end the government shutdown and avoid default orchestrated by Republican Leader Mitch McConnell and Democratic Leader Harry Reid includes a nearly $3 billion earmark for a Kentucky project.

Language in a draft of the McConnell-Reid deal (see page 13, section 123) provided to WFPL News shows a provision that increases funding for the massive Olmsted Dam Lock in Paducah, Ky., from $775 million to nearly $2.9 billion.

The dam is considered an important project for the state and region in regards to water traffic along the Ohio River.

As The Courier-Journal’s James Bruggers reported in 2011, the U.S. Army Corps of Engineers said they needed about $2.1 billion for the locks due to “stop and go funding.”

Click HERE For Rest Of Story

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*AUDIO* Mark Levin Destroys Obama’s Arguments On Obamacare, Spending And The Debt


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Rubio: America’s Problem Is Debt, Not Debt Limit – CBS News Video

Sen. Marco Rubio (R-Fla.) spoke with Bob Schieffer on what he truly feels caused the country’s current debt crisis and the provisions he feels necessary to be included in a compromise for him to vote on raising the debt ceiling.

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Call Obama’s bluff? YES!

Via Randy. A tremendous piece by Charles Krauthammer exposing Obama’s sudden infatuation with cutting spending as nothing but  BS

President Obama is demanding a big long-term budget deal. He won’t sign anything less, he warns, asking, If not now, when?”
How about last December, when he ignored his own debt commission’s recommendations? How about February, when he presented a budget that increases debt by $10 trillion over the next decade? How about April, when he sought a debt-ceiling increase with zero debt reduction attached?
All of a sudden he’s a born-again budget balancer prepared to bravely take on his own party by making deep cuts in entitlements. Really? Name one. He’s been saying forever that he’s prepared to discuss, engage, converse about entitlement cuts. But never once has he publicly proposed a single structural change to any entitlement.

Obama is hoping, of course, that the American people will forget his past spending orgies. He is hoping that we will be stupid enough to buy his current talk of a “balanced” approach to cutting the debt. Balanced, of course meaning more tax hikes, which Obama and the Dems now call revenues, and meaningless spending cuts.

Hasn’t the White House leaked that he’s prepared to raise the Medicare age or change the cost-of-living calculation?

Anonymous talk is cheap. Leaks are designed to manipulate. Offers are floated and disappear.

Say it, Mr. President. Give us one single structural change in entitlements. In public
Fat chance that will ever happen. Our president is playing politics rather than leading. He is trying to put the Republicans in a box. If they stand up and say Hell No to new taxes, the President can blame them when the debt ceiling expires. If they go along with tax hikes, and the “balanced” approach, they will anger the people who voted them into office, and when those tax hikes hurt the economy, Obama can say the GOP is to blame because they did not vote to “tax the wealthiest” Americans enough.
Krauthammer lays out the plan to call the President on his bluff, and I think it is solid. He calls for the House to pass a short-term debt-ceiling hike $500 billion containing $500 billion in budget cuts. That avoids the “Armageddon” the president insists will happen if a deal is not reached by August 2.He also calls for an urgent negotiations on the tax loopholes he is whining about every five seconds. As I have said before, end those loopholes, and also lower the top tax rate.
Krauthammer suggests a rate of 23%. In other words make Obama put his money where his mouth is. Let America see him for what he is, and at the same time, let America see who is leading and trying to solve our debt problem.

*VIDEO* Senators Rubio And Ayotte School The Idiot Left On Job Creation And The Debt