Tonight the Standards & Poor’s credit rating agency downgraded the United States’ credit rating from AAA to AA+, and suggested that they might downgrade America again within the next year. So the worst of three worlds has all occurred as a result of years of irresponsible Washington spending, capped by the recent actions of Congress [...]
Posts Tagged ‘debt ceiling’
Sadly, We Were Right: The U.S. Credit Rating Has Been Downgraded
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- Tags: AA+, AAA, credit rating, debt ceiling, downgrade, S&P
Radtke Opposes McConnell-Reid-Pelosi “Cut, Run and Hide Plan” & Calls on George Allen to Take a Stand
Last Wednesday I announced my strong opposition to what I called the “McConnell McFlurry Debt Ceiling Deal,” which is now being called “the McConnell-Reid-Pelosi Cut, Run and Hide Plan” by prominent conservatives. Today I call on Speaker Boehner to oppose the McConnell-Pelosi-Reid “Cut, Run and Hide Plan” and refuse to bring it to the floor [...]
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- Tags: debt ceiling, George Allen, Mitch McConnell
Obama’s Big Bluff and Tim Kaine’s Fold
According to news reports this week, President Obama abruptly left debt ceiling talks with congressional leadership and told my congressman, Eric Cantor, “Don’t call my bluff.” This is quite a remarkable comment from the President of the United States. Our country is at the financial brink, thanks to President Obama. President Obama’s bluff is that [...]
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- Tags: Barack Obama, debt ceiling, tim kaine
The McConnell McFlurry
My husband loves a good McDonald’s McFlurry. It certainly can hit the spot on a hot and steamy day. His favorite is M&M. You might just want to pick one up tomorrow, because the heat will be suffocating. Speaking of suffocating hot air, that is what is coming out of Washington DC right now. The [...]
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- Tags: debt ceiling, debt deal, George Allen, Mitch McConnell
This Week in George Allen History
On May 23, 2003, Senator George Allen, who had campaigned for the Senate as a fiscal conservative, voted to raise the debt ceiling. This was the second of four votes George Allen cast to raise the debt ceiling while he was in the Senate, increasing Washington’s credit limit by 51%, from $5.95 trillion to $9 trillion. [...]
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- Tags: career politician, debt, debt ceiling, George Allen, spending
U.S. Senate Candidate Jamie Radtke’s Statement on Debt Ceiling: “Stop Digging”
Today the U.S. government reached the federal debt ceiling of $14.294 trillion. The Washington Establishment consensus seems to be that we must raise the debt ceiling and increase the limit on the taxpayer credit card to as much as $16 trillion by some proposals. There is an expression – “when you are in a hole… [...]
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- Tags: Congress, debt, debt ceiling, President Obama, spending
DC Times: Allen’s record could crimp Tea Party backing
Here is an interesting excerpt from a recent article in the Washington Times: Allen at home on ‘Us against Washington’ team Record could crimp tea party backing for Senate By Paige Winfield Cunningham The Washington Times Monday, March 28, 2011 “Mr. Allen has experience with the federal debt ceiling, having voted four times to raise [...]
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- Tags: debt, debt ceiling, deficits, George Allen, Medicare Part D, No Child Left Behind, spending, Tea Party
