Obama’s Downgrade May Last Until 2029

Ben Johnson,The White House Watch

Obama scored another historical first on Friday,becoming the first president to see the U.S. credit rating downgraded by Standard &Poor’s,from AAA to AA+. While we hope his presidential reign lasts no longer than January 2013,Americans may have to live with the consequences of Obamanomics [...]

U.S. Credit Downgrade:Another Obama First!

Ben Johnson,The White House Watch

Three years ago,many well-meaning Americans suspended concerns about Barack Obama’s experience,judgment,and associations in order to vote for an “historic”president. To paraphrase H.L. Mencken,they got one —good and hard. Friday night,for the first time in history,Standard &Poor’s downgraded the U.S. [...]

Rebublicans Should Be Embarrassed By Debt Increase Vote

Floyd and Mary Beth Brown,FloydReports.com

Washington is obsessed by picking winners and losers. But the Establishment media has the story all wrong again. The Republicans,they say,won this skirmish over debt. But actually Republicans displayed a total lack of commitment to their principles.

The only winner in the “Budget Control Act of [...]

Five Reasons the Debt Deal is a Budget-Busting Mistake

Rep. Tom McClintock,FloydReports.com

The “Budget Control Act of 2011” increases the debt limit by between $2.1 and $2.4 trillion,the biggest explosion of debt in American history. It allows the government to avoid spending reductions for the next two years while squandering our last best hope of averting a sovereign debt crisis.

I [...]

Palin:“I Do Not Have Respect”for Romney’s Debt-Deal Performance

Alex Pappas,The Daily Caller

Sarah Palin knocked presidential candidate Mitt Romney for waiting until the debt-ceiling compromise was a “done deal” before speaking out against it.

“Bless his heart,I have respect for Mitt Romney,but I do not have respect for what he has done through this debt increase debate,” she said [...]