Tag Archives: deficit spending

federal employees

Exectutive Branch, U.S. Debt

The State of De(x)ception Continues

December 9th, 2010

Obama’s Proposal Passed in House. In late November, Obama proposed a two year freeze on federal employees pay (not to include military or federal court employees). Obama’s political rhetoric was: “The hard truth is that getting this deficit under control … Continue reading

Obama-Monopoly.jpg

Education, Teaparty, U.S. Debt

Why the Federal Debt Limit Is Critical To Your Future.

November 30th, 2010

What is the federal debt limit? Money for federal debt is raised by the Treasury (like by the IRS). ¬†The amount of debt the country can incur in total is limited by Congress. ¬†However, each time the limit is reached … Continue reading