Tag: government spending

Prof. Antony Davies: 10 Myths About Government Debt

ANTONY DAVIES: Myths about the government debt. Myth number one, the government owes 20 trillion dollars. How much is 20 trillion dollars? Suppose you go to Germany, and in Germany, you go to every town. In every town, you visit every store. In every store, you look at every shelf and grab everything that is for sale. The amount of ...

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‘If We Don’t Stop It, This Country Will Not Survive’: Chip Roy Issues Dire Warning On House Floor

2021 the gentleman from texas mr roy is now recognized for 60 minutes as a designee of the minority leader i thank the speaker i'm fascinated to learn that i serve in the united states house of free stuff because that's what i've been hearing non-stop this entire week there's an unlimited supply of Money and resources apparently an unlimited ...

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Democrats Push Bill to Let Government Ignore Debt Limit

Democrats have introduced a bicameral proposal to overhaul the debt ceiling process, leaning heavily into the recent default scare to push a bill that would essentially let Treasury ignore the debt cap and continue writing cheques with no limit. The Debt Ceiling Reform Act, introduced jointly on Friday by Rep. Brendan Boyle (D-Pa.) and Sen. Dick Durbin (D-Ill.), authorizes the ...

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