Tag: Debt Ceiling

Bernanke: Massive Fiscal Cliff Ahead

Ben Bernanke, chairman of the Federal Reserve, blames most of the looming “fiscal cliff”on Bush. ‘If’ Congress allows the Bush tax rates and a payroll tax cut to expire along with $1.2 TRILLION in spending cuts” (joke of the year…

Paul Ryan Explains Harry Reid’s Accounting Gimmicks Video

Paul Ryan

In this video, Congressman Paul Ryan (R-WI) is referring to the accounting trick used by Senator Harry Reid (D-NV) in his debt limit bill. You can read more about the Reid bill, and Republicans considering voting for it here. If…