“National debt” on The Daily Caller

Call it a debt hawk’s dream, but Rep. Tom Reed introduced a resolution last week to install a ticking clock to blare the national debt directly onto the floor of the U.S. House of Representatives. (more)

Entitlement programs such as Social Security, Medicare, and Medicaid are on the verge of bankruptcy and are driving our country off a financial cliff. Everyone knows that, you say? Well, in the fantasyland of Senate Majority Leader Harry Reid, entitlement programs aren’t a serious problem at all. (more)

“Who makes even Charlie Sheen’s rockstar spending look tame? Washington.” (more)

All of the attempts by the media to make stories out of the budget battles going on in Washington, D.C., will not change the bottom line of how it will end up, no matter how many ways they try to create a story. Namely, the taxpayers will get stuck with more debt and more taxes again. (more)

One thing is becoming clear about legislation that a bipartisan group of more than 30 senators plan to introduce later this month to implement the recommendations of President Obama’s deficit commission: the bill’s debut will be just the beginning of a protracted fight over its final result. (more)

The massive House Republican freshman class is poised to make their presence felt for the first time in the next few weeks, and will likely push immediate spending cuts above the goal set by House Speaker John Boehner. (more)

Republican Paul Ryan had a busy 24 hours Tuesday night and Wednesday morning. The Daily Caller found out he’s making it through the day with some American punk rock music in his down moments. (more)

Remarks of President Barack Obama – As Prepared for Delivery
State of the Union Address
Tuesday, January 25, 2011
Washington, DC (more)

Senate Minority Leader Mitch McConnell said Tuesday he does not fault President Obama for avoiding the issue of Social Security in his State of the Union address, but cautioned that the political establishment in Washington has less than a year to make progress on entitlement reform. (more)

Sen. Jeff Sessions struck a defiant tone Monday toward President Obama in advance of the State of the Union address, saying he does not think the president is serious about deficit reduction and that the GOP should fight him the same way that Newt Gingrich fought Bill Clinton in the mid-90′s. (more)

A number of the House GOP’s leading conservative members on Thursday will announce legislation that would cut $2.5 trillion over 10 years, which will be by far the most ambitious and far-reaching proposal by the new majority to cut federal government spending. (more)

The talk is of jobs and fixing the nation’s fiscal problems, but both sides in Washington are keeping their powder dry at the moment, looking for political advantage over the other. (more)

The new House Republican leader said Tuesday that the GOP will be a “cut and grow majority” and will restrain the growth of government by enacting significant spending reductions. (more)

The 112th Congress, which will be sworn in later this week, will have the monumental task of cleaning up the mess made by the Democrat-controlled 111th Congress. First and foremost, it should be the goal of this Congress not to increase the exploding national debt. The 111th Congress added a seemingly impossible $3.22 trillion to the national debt in just two years, for a grand total of nearly $13.9 trillion and counting. Every American man, woman and child now owes $44,886.57 each toward the national debt. America cannot sustain itself on this massive borrowing and trillion-dollar deficit spending. (more)

For all the talk of the tax cut deal’s impact on the deficit, if Republicans can get spending cuts to pay for the $60 billion or so that it would cost to extend unemployment insurance for a year then the agreement will be acceptable to a majority of even the most conservative among them. (more)

Sen. Jim DeMint, the South Carolina Republican who bucked his party leadership during the midterm elections, was back at it again Tuesday night, saying he would not vote for the tax cut deal brokered between the GOP and President Obama because it increases the deficit. (more)

President Obama’s debt commission Friday received support from 11 of 18 members, falling short of the 14 votes needed for what would have been more of a symbolic passage than anything else. (more)

The penultimate meeting of President Obama’s debt commission Wednesday was a data-heavy affair, with members and reporters poring over the 58-page final report brimming with facts and figures. (more)

Summoning the most urgent and stern rhetoric possible, President Obama’s debt commission co-chairmen released their final report Wednesday morning upon a capital culture waiting eagerly to tear it to shreds. (more)

President Obama’s deficit commission must appear on the national stage Wednesday and announce something: it may be a proposal approved by a majority of its 18 members, but most money is on an irresolvable split that makes a final product impossible. (more)