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Doomed by the Sequester? Maybe Not.

Doomed by the Sequester? Maybe Not.

How many times will we allow our government to claim the sky is falling before we stop believing them? Anyone remember as recently as January 1st of this year that the “fiscal cliff” was going to end life as we know it. Before that it was a succession of debt ceiling confrontations. Somehow it seems...

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The Fiscal Cliff was Just the Beginning - Say Hello to the Debt Ceiling

The Fiscal Cliff was Just the Beginning – Say Hello to the Debt Ceiling

With our Washington DC politicians, it’s always something. They managed to scrape together a deal that prevented America from plunging over the “fiscal cliff,” whatever that was, just in time to stare a February debt ceiling debate right in the face. Haven’t we been here before? Yep, and it’s...

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America's Debt Ceiling Issue and Associated Debates

America’s Debt Ceiling Issue and Associated Debates

The debt ceiling is the amount of money that America can borrow. It is the limit set by Congress and the national debt cannot rise beyond this limit because it can create economic problems in the nation. However, now the economic condition of US is so bad that the government deficit has ballooned to...

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