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Federal Debt Tops $19,400,000,000,000

Obama-Golf

By Terence P. Jeffrey | July 20, 2016 | 4:57 PM EDT

(CNSNews.com) – The federal debt moved above $19,400,000,000,000 for the first time as of the close of business on Tuesday, according to the data released today by the U.S. Treasury.

At the close of business on Monday, July 18, the total federal debt was $19,391,094,247,028.26, according to the Treasury. By the close of business on Tuesday, July 19, it had risen to $19,402,361,890,929.46.

On Friday, Oct. 30, 2015, Congress passed the “Bipartisan Budget Act,” which suspended the legal debt limit until March 15, 2017. President Obama signed that bill into law on Monday, Nov. 2, 2015

At the close of business on Oct. 30, the federal debt stood at $18,152,981,685,747.52.

In the less than nine months since then, the federal debt has increased by $1,249,380,205,181.94.

https://www.cnsnews.com/news/article/terence-p-jeffrey/federal-debt-tops-19400000000000

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Scott Garret Says NO to selling Out America

money-down-the-toilet

Garrett: New Jersey families are frustrated with Washington because of spending bills like this one
Dec 18, 2015
the staff of the Ridgewood blog

WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05), a senior Member of the House Budget Committee, issued the following statement after voting against the $1.1 trillion omnibus spending bill:

“While I strongly support provisions that provide health care to 9/11 first responders and address key vulnerabilities in how we issue visas to foreign visitors, this bloated $1.1 trillion spending bill doesn’t do enough to address our nation’s crippling debt, protect civil liberties, nor strengthen our national security and, therefore, I could not support it. New Jersey families are frustrated with Washington because of spending bills like this that are 2,000 pages long, include new surveillance provisions which were inserted in the middle of the night, lack adequate security from the threat of terrorists seeking to cross our borders, and add to the nearly $20 trillion national debt that is hindering our economy.”