Mike Huckabee News


Would you trust Washington with a credit card that has no limit?...Those Congressional battles over raising the debt ceiling aren’t the best way to instill confidence in America. But both parties think they have a solution. On the Republican side is a proposal to break impasses by raising the debt ceiling for a limited period, then if negotiations fall through, there would be an automatic one percent cut in spending. Senate Democrats have a counter-proposal: no spending cuts, and do away with the debt limit entirely. The plan by Chuck Schumer, Barbara Boxer and Hawaii’s Mazie Hirono would give the President power to authorize endless federal borrowing, unless a veto-proof supermajority of Congress voted to stop him. I have two questions about that: wouldn’t giving the President power to run up unlimited debt violate what’s left of the Constitution, which puts budget-writing power squarely in the House, the branch closest to the voters? And my second question: how do I get Visa to offer me that same deal? And this is the HR.

By the way, if you’re wondering what all of those increases in the debt ceiling mean to you, the folks who run the National Debt Clock have worked up the numbers. There’s the $17 trillion national debt, plus all the government’s longterm unfunded liabilities, like $16.6 trillion for Social Security, $87.6 trillion for Medicare, and another $22 trillion for the Medicare prescription drug benefit. They calculate the total for all the government’s unfunded liabilities at $126 trillion. That works out to $1.1 million for each American taxpayer. The good news is, you don’t have to pay it all at once. You can just be like the government, and go on living as if it never has to be paid at all.

Comments 1-5 of 8

  • V. Ruth Pinney

    11/05/2013 07:27 AM

    Please read The Freedom Plan. I went back at 58 to be a PA to help the veterans coming back from the wars with PTSD. Now OBAMADon'tCare is threatening our health.
    V. Ruth Pinney

  • max hellstern sr

    11/03/2013 05:11 PM

    ever body is taking Obama care ,bud nobody sees the underling drastic consequents. Every taxpayer has to pay for birth control and abortion (KILLING BABY'S) If a person believes in GOD he or she knows there will be a last judgment. I wonder what the answer will be when GOD ask way did you pay for KILLING MY BABY, and you will say Obama mad my do it what will HIS answer be??? HELL is for ELERNATY. // something to think about for all.

  • phyllis potts

    11/03/2013 12:41 PM

    I would rather run an open bar for for a bunch of alcoholics!!!

  • Nana Menendez

    11/03/2013 10:02 AM

    Hope someone compiles a list of PO 2008-2013 promises, most if not all, unfulfilled. Distraction strategies, like the "didn't know' mantra. Like Iran's 'buying time' agreements. A ploy. Recall all the 'I will's': go line by line getting rid of all waste, the transparency,the getting to the bottom of, etc. There is video for the court of public opinion, now hat the nation is listening. Play them, over and over; best 2014 campaigner is PO himself!

  • Linda D. Meints

    11/03/2013 09:54 AM

    I don't understand the social security and medicare. When you work the amount you pay into each one is clearly listed. Why isn't that money in a trust fund?
    Why is the money for social security and medicare in the general fund where every TOM, DICK, AND HARRY can rifle it for their projects, such as Obamacare? I heard the amount was 750 billion dollars? What is with that?