Browsing articles tagged with "debt ceiling Archives - Coalition to Reduce Spending"

Statement on Suspension of Debt Ceiling

Bydlak: “Stalling is not a serious solution to federal debt created by habitual deficit spending” FOR IMMEDIATE RELEASE- January 23, 2013 ALEXANDRIA, VA – Following today’s 285-144 vote in the House to suspend a decision on the debt ceiling until May 18, Coalition to Reduce Spending President Jonathan Bydlak issued the following statement: “Congress today again […] Read More >>

Debunking debt ceiling myths

Earlier this week, David B. Rivkin Jr. and Lee A. Casey published an important column in the Wall Street Journal debunking many of the myths about government debt, entitlement spending, and the upcoming battle over whether to raise the debt ceiling. First, a few definitions of terms and some history to help the discussion. Debt […] Read More >>

Postal Service is broke

As the federal government approaches its (latest) borrowing/debt limit, it’s important to realize just how close to the edge individual government agencies are already. The Wall Street Journal reports the United States Postal Service (USPS) is close to running out of the $15 billion loan it acquired from the U.S. Treasury. The U.S. Postal Service […] Read More >>