NRD Editor’s Note: After submission of this Op-Ed to the Washington Examiner , further details of the Cut, Cap and Balance legislation that will come to the floor were made available. The immediate cuts are approximately $111 billion for fiscal year 2012, and not hundreds of billions […]

By Bill Wilson – If the $14.294 trillion debt ceiling is not raised, and the U.S. misses any interest payments, credit rating agency Moody’s has threatened to downgrade the nation’s Triple-A credit rating.  S&P has added its two cents, citing a 50 percent chance of a downgrade in […]

House Speaker John Boehner has a historic chance to take back control over the debt ceiling debate today by joining with his House Republican colleagues in tying any increase in the debt ceiling to passage of cut, cap and balance legislation. Cut, cap and balance […]

The House needs to do its job, pass an increase in the debt ceiling attached with hundreds of billions of immediate cuts to the 2012 budget, and send it to the Senate.  Then, if there needs to be anyone to blame, it will be Harry […]

By Bill Wilson – While Obama sits here and plays rhetorical games with the $14.294 trillion debt ceiling, attempting to sucker Republicans into increasing taxes, there are strong headwinds from across the Atlantic that threaten the U.S. economy. Greece’s default is inevitable. And the fate of the euro […]

By Bill Wilson – Often times, someone outside the family is better able to define a problem or the real issues in a conflict than those in the middle of the dispute.  So it is that Jeremy Warner of London’s Daily Telegraph put his finger squarely on the […]

By Bill Wilson – There is a con game being played on the American public. At the same time governments around the world are proposing increasing the amount of money banks must hold in reserve to 7 percent, they are rigging the definition of what constitutes risk. Dubbed […]

By Bill Wilson – Left-wing pundits and their cronies in Congress delivered a well-timed second punch to the Obama news conference on the continuing fight over an increase in the U.S. debt limit today. While Obama tried to show he was “involved” in the negotiations, his henchmen […]

By Bill Wilson – As America celebrates its 235th birthday this July, citizens are increasingly becoming aware of a new danger to the nation’s independence and sovereignty. It was identified as the number one threat to our national security by Chairman of the Joint Chiefs of Staff, Admiral Mike Mullen . It is the skyrocketing $14.3 trillion national debt. It is why in poll after poll a majority of Americans oppose raising the […]

By Bill Wilson – On July 22, the Congressional Budget Office’s (CBO) issued its latest long-term projections on the growth of the national debt .  Astonishingly, as bad as the numbers issued by the CBO were, the debt crisis the nation faces is even worse than we are being told. The CBO analysis does not take into account the full $14.344 trillion national debt , nor does it reflect the $430 billion in gross interest payments we are paying every year . […]