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Keyword: 22trillion

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  • Congress shrugs off $22 trillion national debt: 'I don't see a lot of appetite for cutting spending'

    02/20/2019 4:28:54 PM PST · by jazusamo · 81 replies
    The Washington Times ^ | February 20, 2019 | David Sherfinski
    Yes, Congress is aware the national debt recently surpassed $22 trillion for the first time in U.S. history. No, members don’t think they’ll do anything to seriously address it anytime soon. “I don’t see anybody prioritizing it, and sadly folks often prioritize things when crisis hits. I don’t want a debt spiral crisis to hit,” said Rep. Rob Woodall, Georgia Republican. “I hear lots of conversations about how to spend a whole lot more.” With the spending process for 2019 now wrapped up, lawmakers are turning their attention to exactly how they plan to avoid $126 billion in cuts set...
  • As the national debt hits $22 trillion, these are the only people trying to cut spending

    02/16/2019 9:02:57 PM PST · by Tolerance Sucks Rocks · 69 replies
    The Washington Examiner ^ | February 15, 2019 | Jack Hunter
    The national debt hit $22 trillion this week. You won’t find many in either major party who think this is a healthy development. But isn’t part of the reason people vote Republican because that party presents itself as fiscally responsible compared to Democrats? For as long as the debt has grown, Republicans have been promising to stop it. Yet, in 1981 the national debt topped $1 trillion after former President Ronald Reagan’s first year. When former President George H.W. Bush left office in 1993, it was more than $4 trillion. His son, former President George W. Bush, would push it...
  • U.S. lawsuits seek $2.2 trillion over "junk" faxes

    08/22/2002 9:03:12 PM PDT · by martin_fierro · 30 replies · 460+ views
    Yahoo News ^ | 8/22/02 | Andrew Quinn
    SAN FRANCISCO, Aug 22 (Reuters) - A coalition of California activists filed a jaw-dropping $2.2 trillion set of lawsuits against facsimile marketer Fax.com Thursday, saying millions of "junk faxes" are clogging the nation's fax machines, jamming communications and possibly endangering lives. The suits, filed in both California state and federal court, seek class action status and punitive damages against privately held Fax.com, its telecommunications provider, Cox Business Services, a division of Cox Communications Inc. (NYSE:COX - News), as well as Fax.com's advertisers. "The right to free speech stops at the entrance to my house. You are not allowed to invade...