THE PRESIDENT: Please have a seat, everybody. Good morning. I thought it might make sense to take some questions this week, as my first term comes to an end. It’s been a busy and productive four years. And I expect the same for the next four years. I intend to carry out the agenda
Now, America’s security and leadership don’t just depend on our military strength, or our alliances, or our diplomacy. First and foremost, America’s strength depends on a strong economy where our middle class is growing and everyone who works hard has a chance to get ahead. So let me say a few words about the situation
Hi, everybody. Over the past year, as I traveled across the country campaigning for this office, I told you that if I was fortunate enough to be re-elected, I’d work to change a tax code that too often benefited the wealthy at the expense of the middle class. This week, we did that. For the
Hi everybody, this is Stefan Molyneux from Freedomain Radio. Hope you’re doing well. As I’ve been saying for six or seven years, there will be no economic recovery. Please prepare yourselves accordingly with the latest data from 2014. This is… The Truth About Government Debt So at the start of the financial crisis, in 2007,
Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that
President Trump�s Debt Increase is a Third of Obama�s Debt Increase and the President is Decreasing the Debt to GDP Ratio In spite of the fact that President Trump took over with nearly $20 trillion of debt and the related interest payments on the debt, and in spite of the Federal Reserve (FED) under Janet
this s_l_ facebook invites where states do eric cantor who is uh… the house majority leader out walked out on what were you know bipartisan and uh… partnership parties secret uh… talk about budget resolution um… with uh… with uh… with the vice president joe biden i can’t or won’t doubt he decided that he
SO WHAT IS THE DEBT CEILING? In many months the US government spends more than it receives in taxes and other income. To make up this short fall it borrows money from the US Treasury. Who then issues IOUs called bonds, which are bought by investors. Since these bonds are backed by the US treasury
I’m here on the scene at the Scarchuck’s coffee shop where we are going to try getting some “Man on the Street” reactions about the economy. [distracted] Here’s my co-host now. We can get started with the technical parts first. Hey charlie, great to have you. Yeah, it’s a bit earlier than I like to
President Obama – Once they [congress] vote to keep the government open, they also have to vote within the next couple of weeks to allow the Treasury to pay the bills for the money that Congress has already spent. I want to repeat: Raising the debt ceiling is simply authorizing the Treasury to pay for