By RonPaul.com on October 9, 2006
by Ron Paul During a speech in Washington last week, Federal Reserve Chairman Ben Bernanke warned that the coming retirement of the Baby Boomer generation will place tremendous strains on the nation’s budget and economy. He stresses that Social Security and Medicare must be reformed sooner rather than later, because demographic trends make the current [...]
Posted in Debt, Ron Paul's Writings, Social Security, Texas Straight Talk | Tagged Deficit |
By RonPaul.com on March 13, 2006
by Ron Paul Today our national debt stands at $8.2 trillion, which represents about $26,000 for every man, woman, and child in America. Interestingly, the legal debt limit is only $8.18 trillion, a figure that was reached a few weeks ago. This means the Treasury department must ask Congress to raise the debt limit very [...]
Posted in Debt, Ron Paul's Writings, Texas Straight Talk |
By RonPaul.com on January 9, 2006
by Ron Paul The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse. — James Madison The Washington political scandals dominating the news in recent weeks may be disheartening, but they cannot be considered surprising. We live in a time when the U.S. [...]
Posted in Debt, Ron Paul's Writings, Texas Straight Talk | Tagged Lobbyists |
By RonPaul.com on November 21, 2005
by Ron Paul Only in Washington DC can a spending increase be called a spending cut– but that’s exactly what happened last week. Congress passed a budget bill that merely slows the rate at which some federal spending grows by a tiny percentage, and both parties acted as though a revolution had taken place. Republicans [...]
Posted in Debt, Ron Paul's Writings, Texas Straight Talk | Tagged Budget |
By RonPaul.com on November 14, 2005
by Ron Paul Congress is poised to consider a budget bill this week in a vote both parties consider critical, but in reality the bill is nothing more than a political exercise by congressional leaders designed to convince voters that something is being done about runaway federal spending. Having spent the last five years out-pandering [...]
Posted in Debt, Ron Paul's Writings, Texas Straight Talk | Tagged Budget |
By RonPaul.com on November 7, 2005
by Ron Paul In the wake of Hurricanes Katrina and Rita, and with an ongoing war in Iraq that costs more than $1 billion per week, taxpayers might think Congress has better things to do with $21 billion than send it overseas. Yet that’s exactly what Congress did last Friday, approving a useless and counterproductive [...]
Posted in Debt, Ron Paul's Writings, Texas Straight Talk | Tagged Foreign Aid |
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