National debt jumps $339 billion in one night

National debt jumps $339 billion in one night

Via Convention Of States site & The Washington Examiner- Monday, in the wake of new legislation suspending the debt ceiling, the national debt jumped $339 billion. That means that in one day, the debt burden our children and grandchildren will carry rose from $18.1 trillion to $18.5 trillion. The Washington Examiner reports: The U.S. national debt jumped $339 billion on Monday, the same day President Obama signed into law legislation suspending the debt ceiling. That legislation allowed the government to borrow as much as it wants above the $18.1 trillion debt ceiling that had … [Read more...]

Sen. Ted Cruz “Obama is Not A Monarch”

Sen. Ted Cruz “Obama is Not A Monarch”

Obama Is Not a Monarch The president cannot act alone; the Constitution requires compromise. By SEN. TED CRUZ -Via Politico- The Constitution designs a system of checks and balances for our nation, and executive amnesty for immigrants here illegally unilaterally decreed from the White House would seriously undermine the rule of law. Our founders repeatedly warned about the dangers of unlimited power within the executive branch; Congress should heed those words as the president threatens to grant amnesty to millions of people who have come to our country illegally. To be clear, the … [Read more...]