The Conservative Nation

Visit msnbc.com for breaking news, world news, and news about the economy We have an administration that has run up the national debt more and faster that ever before, yet it is the fault of an organization that is less than 2 years old that our nation’s debt has been downgraded for the first time [...]

Yesterday I made the statement, “We Won!” while talking about the compromise bill that will allow the country to avoid a default for a while longer. Since the time that I made that statement, I’ve heard many conservatives talk about how bad this bill is and that the Republicans in the House have wasted a [...]

Fox News is reporting that the debt deal may include a hidden tax increase or at least an assumption that taxes will be increased in Phase 2 of the bill. It appears that the assumption is made that the “Bush Tax Cuts” will be allowed to expire.

Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget DisciplineBipartisan Debt Deal: A Win for the Economy and Budget Discipline •Removes the cloud of uncertainty over our economy at this critical time, by ensuring that no one will be able to use the threat of the nation’s first default now, or in [...]

President Obama has announced that the leaders of both parties in both chambers of Congress have reached an agreement to raise the debt ceiling. He stated that this is a two part deal with the part cutting $1 Trillion from the national debt over 10 years. The second part of the deal consists of a [...]