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Default Prevention Act
The sovereign debt of the United States is what makes it possible for us to pay all of our other obligations in this era of chronic deficit spending. This bill provides an absolute guarantee of that credit....
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Defense Hawks and Deficit Hawks
We meet to discuss the budget under the ominously growing shadow of unprecedented debt that has literally doubled in the last eight years. With crushing debt comes ruinous interest that the CBO warns will exceed our entire military budget within the...
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Time to Take Default Off the Table
The United States now staggers under $18 trillion of debt, including nearly $7 ½ trillion run up by this administration. The interest on that debt is the fastest growing component of the federal budget. The debt limit is how our government regul...
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Amtrak Subsidies
Every year, as Amtrak’s operating losses have mounted, Congress has dutifully shoveled more money at it; every year, its Congressional supporters have promised reforms to bring these losses under control; and every year these promises have fallen fla...
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