-
-
Categories
Archives
- March 2024
- February 2024
- March 2023
- December 2022
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- November 2013
- September 2013
- August 2013
- July 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- October 2008
- September 2008
- August 2008
- July 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- November 2007
- September 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
Testimonials
“In Curtis Greco’s new book, you’ll find out why having the right to vote is just the beginning, and why organizations who promote voter education and engagement are so important for preserving the bedrock of what makes America great for generations to come.”
-Chrissy Faessen, Rock the Vote
Tag Archives: Debt Ceiling
The End of Fiscal Discipline
September 30, 2016 marked the end of another Federal Government fiscal year and with it the Federal Debt jumped $1.3 Trillion; in a mere 12 months. Yes, it is true that Congress hasn’t managed to deliver the required Budget Resolution since 2009 and though President Obama is complicit in the failure he’s not entirely to blame; Congress, however, is.
Setting aside the Budget for the moment, understand the nearly 25% of annual Federal Government Spending is actually not even part of the Budget. From military expenditures for various foreign policy ventures to special funding vehicles for disasters and on to off-book “black-ops” spending to any number of scheduled or unscheduled handouts there seems to be no shortage of spending opportunities.
Posted in Geo-Finance, Poli-Econ
Tagged budget resolutions, Debt Ceiling, domestic productive capacity, Federal Debt
Leave a comment
ON AIR with Host Mike Miller of WIMA 1150
The Foundations Weekly On-Point Series continues with Host Mike Miller of 1150 WIMA in Lima, Ohio and Policy Analyst, Curtis Greco. This week features – “What Happened to the Debt Ceiling? Gone the way of reason.” This vignette appears throughout the week during Michael’s 6-9Am (ET) Show. Ohio’s In-Tune & In-Touch Host, catch him Live in-market or online at www.1150wima.com.
The 20 Trillion Dollar Man! Debt Ceiling Increase or Debt Limit Suspension?
Yes, President Obama will forever be known for doubling the public debt and so will Congress. The current Budget Deal may seem like, as the President says, “…how Congress should work” however, the truth is far more devastating.
Yes indeed, the current Budget Deal provides Federal Funding and it does so by eviscerating the Debt Ceiling mandate providing the U.S. Treasury unlimited borrowing capacity thru March of 2017. Considering the planned spending increases of nearly $160 Billion, not including Off-Book spending ventures and projected Budget Shortfalls, the simple math indicates debt increases for the advancing spending term to be in the 1.5-1.7 Trillion dollar range.
Posted in Poli-Econ
Tagged budget deal, Debt Ceiling, federal funding, President Obama
Leave a comment
Debt Ceiling Debate No More
Having gone unnoticed is the now silent political contest over the Debt Ceiling. Concurrent with the advent of the Obama Administration and along with it the explosion in Federal Debt, the Debt Limit argument has become a perennial event.
The sudden switch to apathetic political resolve has many reasons & the key elements are:
(1) The Temporary Debt Limit Extension Act (2/2014) that “suspends” the Debt Ceiling.
(2) Sequestration which, in part, has capped certain elements of the Budget.
(3) Political realities have taught the Republicans (and the Democrats) that forcing government shutdowns brings with it a near un-survivable political price.
Posted in Poli-Econ, Poli-Philos
Tagged Debt Ceiling, Debt Limit Extension Act, Federal Debt
Leave a comment
Debt Ceiling: Americans, Buy Your Bitcoins!
Does anyone find it strange that Boehner isn’t backing an objection to the debt-ceiling hike? Where are Rand Paul, Ted Cruz, John McCain, Mitch McConnell, the ever so fiscally conscious Charlie Schumer and his spry acolyte, Pat Leahy? Have they nothing to offer?
It’s called the “Default Prevention Act of 2013” and it brought an end to fiscal propriety in Washington; now the President, with a stroke of a pen, can suspend the debt-ceiling at any time to avoid default and challenged only by way of an “untitled” (often done to conceal its nature and intent) joint resolution by both Houses of Congress. So you see, even in the face of economic disaster Congress has chosen to abdicate its fiscal authority preferring instead to continue the march toward economic destruction while assuring the public, with great sincerity, that they have your best interests at hand.
Posted in Poli-Finance
Tagged Bitcoins, Debt Ceiling, Default Prevention Act of 2013
Leave a comment