Jon Stewart Fires Back At Paul Krugman:
• Business InsiderDaily Show host Jon Stewart fired back last night at economist Paul Krugman over the idea of minting a trillion-dollar coin to work around the debt ceiling.
Contents Pages by Subject
Government Debt & Financing
Coburn: Debt ceiling breach is ‘a wonderful experiment’ to shut down ‘stupid things’
• Raw StoryEconomists like Nobel prize-winner Paul Krugman have warned that Republicans could “blow up the world economy” if they refuse to raise the nation’s debt ceiling but Sen. Tom Coburn (R-OK) disagrees,
“The Debt Ceiling” and Obama’s Budget Cutting Agenda
• Global ResearchIn what was billed as the last press conference of his first term, US President Barack Obama laid out an agenda for his next term that will be focused on slashing hundreds of billions of dollars from federal health care and retirement programs.
Does President Obama have the authority to sidestep Congress on the debt ceiling?
• Daily Paul.comTwenty-one Democrats have sent a letter to President Obama telling him not to bother fighting with House Republicans over the debt ceiling. Instead, they say he should just use any authority possible to prevent the nation from going into default.
Today The Very Serious People Found Their Alternative To Minting A Trillion Dollar Platinum Coin
• Business InsiderMinting a trillion dollar platinum coin to work around the debt ceiling is...
Anyone Who Thinks America Has High Taxes Needs To Look At These Charts
• Business InsiderThere is a vehement and polarized debate going on in this country about our budget deficit.
Here's What Happened To The Stock Market The Last Time We Got Into A Debt Ceiling Crisis
• Business InsiderThe U.S. hits the debt ceiling and begins the process of defaulting on its debt on February 15, 2013, a day known as the "X date".
Today The Very Serious People Found Their Alternative To Minting A Trillion Dollar Platinum Coin
• Business InsiderMinting a trillion dollar platinum coin to work around the debt ceiling is...
How Obama Can Win The Debt Ceiling Fight By Giving Republicans Exactly What They Want
• Business InsiderRepublicans insist that there's nothing particularly irresponsible about attaching demands to a debt ceiling hike, because under no scenario are we actually risking default on our debt.
This Wouldn't Be The First 'Crazy' Monetary Action By A US President
• Business InsiderAmerica's government is full of oddities, and here's one: it is possible for the government to pass spending and tax bills which lead to an illegal amount of accumulated debt.
Video: The Trillion Dollar Coin Explained
• Daily Paul.comMore from Seeking Alpha: There is a bit confusion around on the impact of the Trillion Dollar coin that is being talked about these days. Here's the backstory.
MCCONNELL: 'Hopefully, We Don't Need To Get To The Point' Of Default
• Business InsiderRepublican Senate Minority Leader Mitch McConnell laid the groundwork for a fight over raising the country's debt ceiling on Sunday.
The Only Idea That's Sillier Than The Trillion Dollar Platinum Coin...
• Business InsiderThe last couple of days we've been talking about the Platinum Solution to the Debt Ceiling crisis, namely that the Treasury could mint a trillion dollar platinum coin and deposit it at the Fed,
GE and Citi Bank Get Huge Tax Breaks Out Of Fiscal Cliff Deal - Ben Swann
• Daily Paul.comBen mentions some of the other items of Corporate Welfare and how the vast majority of taxpayers are going to pay more in taxes in 2013.
Ron Paul: We Are Already Over the Fiscal Cliff
• Daily Paul.comStatement on the Motion to Concur in the Senate Amendments to H.R. 8
REPORT: Tim Geithner Plans To Leave Treasury Before The Debt Ceiling Fight
• Business InsiderBreaking Tim Geithner news from Bloomberg. The Treasury Secretary plans to leave Washington before the debt ceiling debate, Hans Nichols reports.
Republicans Did Opposite Of What They Were Elected For With Fiscal Cliff Bill
• Daily Paul.comJudge Napolitano: Republicans Did Opposite Of What They Were Elected For With Fiscal Cliff Bill
Senators Got 154-Page 'Fiscal Cliff' Bill 3 Minutes Before Voting on It
• cnsnews.comThe U.S. Senate voted 89-8 to approve legislation to avoid the fiscal cliff despite having only 3 minutes to read the 154-page bill and budget score.
Congress Postpones ‘Automatic’ Defense Budget Cuts
• antiwar.comThe $500 billion in automatic defense cuts Congress faces has been postponed for two months
What's in It: 'Fiscal Cliff' Deal Includes 'NASCAR Tax Credit'
• breitbart.comThe "fiscal cliff" deal reached by the Senate and the White House on New Year's Eve, and passed in legislative form by the Senate early New Year's Day, includes many giveaways to special interests.
Starting Immediately, US Workers Will Lose 6.2 Percent Of Their Paychecks To Fund Social Security
• Prison PlanetPresident Barack Obama wasn’t lying when he said he’d raise taxes on the wealthiest Americans if reelected — but it won’t be just the top wage-earners who will be handing over more to Uncle Sam in 2013.
Bigger fights loom after "fiscal cliff" deal
• ReutersPresident Barack Obama and congressional Republicans face even bigger budget battles in the next two months after a hard-fought "fiscal cliff" deal narrowly averted devastating tax hikes and spending cuts.
Dennis Kucinich Accuses US Govt Of Creating A Manufactured Crisis, To Screw The American people
• Daily Paul.comKucinich's 1 minute Congressional speech on the Fiscal Cliff from earlier today. The cliff dwellers ..... died.
Rick Perry’s ‘Superhighway’ Owned by Spain Returns
• Prison PlanetVery quietly, Gov. Rick Perry and the Texas Department of Transportation, or TxDOT, signed in October a comprehensive development agreement to construct a toll-road redevelopment of Interstate 35 north of downtown Fort Worth.
CBO: 'Fiscal cliff' deal carries $4 trillion price tag over next decade
• The HillThe Senate deal to avoid the "fiscal cliff" will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO).
Why Today’s Fiscal Squeeze Imposes Needless Austerity
• Common DreamsThe financial sector promises that privatizing roads and ports, water and sewer systems, bus and railroad lines (on credit, of course) is more efficient and will lower the prices charged for their services.
Comprehensive List Of Representatives Who Voted For The Fiscal Cliff H.R. 8
• govtslaves.infoPersonally I think we should of went off the “Fiscal Cliff”.
BACHUS: I'd Be 'Shocked' If House GOP Didn't Amend The Bill With Spending Cuts
• Business InsiderHouse Republicans are starting to trickle out of their afternoon meeting on the fiscal cliff bill, and reports indicate that there is a growing consensus that the fiscal cliff bill will be amended to include spending cuts.
6 Things You Won't Believe That Are In The Fiscal Cliff Bill
• Business InsiderLast night just before 2 AM, the Senate overwhelmingly agreed to pass a bill that will avert the Fiscal Cliff.
U.S. Senate "Fiscal Cliff" Agreement [American Taxpayer Relief Act of 2012]
U.S. SenateH. R. 8 To extend certain tax relief provisions enacted in 2001 and2003, and to provide for expedited consideration of a bill providing for comprehensive tax reform, and for other purposes.
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