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Posts Tagged ‘deficit’

Rep. Culberson Supports GOP Budget Bill

Cuts Spending; Reduces Government
“The most serious threat to our nation’s defense is our debt”

WASHINGTON, DC -  Congressman John Culberson (TX-07) voted in support of the House Republican budget that will…

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The Houston Chronicle: A year later, the country still can’t afford Obamacare

Obamacare must be repealed and replaced with common-sense reforms that actually lower health care costs.

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Obamacare: A Prescription for Economic Calamity

Creating a new trillion dollar entitlement program when we are facing record debt and deficits is a prescription for economic calamity.

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Congressman Culberson in Politco’s “Arena”

“To use Senator Durbin’s own words, ‘it is hard to believe’ Democrats had all of last year to pass a budget and failed to do so, despite having the votes.”

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Saying No to the White House’s $25 Billion Wishlist

After wasting billions on a failed “stimulus” bill, Congress now is attempting to pass a short-term appropriations bill that includes more wasteful spending. Last Friday, I spoke out against this…

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A Timeline of the Personal Public Debt Share for a Child Born in 2010

According to CBO and Census Bureau long-term estimates, the amount of debt placed on the backs of children born today is about to explode.  If nothing is done, our generation…

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The Threat of Exploding Deficits

The United States is facing an urgent fiscal crisis and the future prosperity of our nation is at stake. We are quickly approaching the tipping point where the explosive growth in government debt will squeeze out private investment and prevent our economy from recovering. Moody’s has warned that the U.S. AAA credit rating could be downgraded as early as 2013, and Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, has called the debt “our biggest national security threat.” We cannot continue to mortgage America’s future by accumulating massive debts to foreign investors like China and Middle-Eastern sovereign wealth funds, then passing the bill on to our children and grandchildren.

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An Urgent Fiscal Crisis

Today Congressional Democrats are set to raise the debt limit again by $1.9 trillion to $14.3 trillion – roughly the size of the entire U.S. economy. This will be the…

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The President’s Budget – More of the Same

Last week President Obama spoke of fiscal discipline and promised to pay “for what we spent on my watch.”  He went on to note correctly that “if we don’t take…

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