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National Debt

National Debt

WASHINGTON, DC - APRIL 23: (L-R) Sen. Lamar Alexander (R-TN), Sen. Mike Enzi (R-WY), Peter Sides of the Robert M. Sides Family Music Center, Sen. Heidi Heitkamp (D-ND) and Senate Majority Whip Richard Durbin (D-IL) participate in a news conference about the Marketplace Fairness Act in the Dirksen Senate Office Building on Capitol Hill April 23, 2013 in Washington, DC. According to the bill's authors, the proposed legislation would provide states with the authority to require out-of-state retailers to collect and remit tax on purchases shipped into the state, allowing brick-and-mortar retailers to compete with online retailers. (Photo by Chip Somodevilla/Getty Images)
WASHINGTON, DC - APRIL 23: (L-R) Sen. Lamar Alexander (R-TN), Sen. Mike Enzi (R-WY), Peter Sides of the Robert M. Sides Family Music Center, Sen. Heidi Heitkamp (D-ND) and Senate Majority Whip Richard Durbin (D-IL) participate in a news conference about the Marketplace Fairness Act in the Dirksen Senate Office Building on Capitol Hill April 23, 2013 in Washington, DC. According to the bill's authors, the proposed legislation would provide states with the authority to require out-of-state retailers to collect and remit tax on purchases shipped into the state, allowing brick-and-mortar retailers to compete with online retailers. (Photo by Chip Somodevilla/Getty Images)
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Do We Really Need An Internet Tax?

By Tom Egelhoff 4 weeks ago

Assuming online retailers could realize a nice 3% profit after expenses there would be a taxable income of $6.75 billion — hardly a national debt busting amount in a trillion dollar plus economy.

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Category: Advice, AM 1450 Exclusive, Business, Christmas, Commentary, Consumer Advice, Economy, Finances, Government, Money, Opinion, Small Business Help, Taxes, Tom's Opinion Tags: , , , , , , , , , , , , , , , ,
Bill Oreilly
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Bill O’Reilly Goes Off On Lefty Alan Colmes About The Obama Budget, Classic! [VIDEO LINK]

By Mark Allen March 6, 2013

We talk every morning about the massive debt my country has. How on earth are we EVER gonna pay off a $17 trillion debt. We can't. And the citizens of this country are ready to explode out of frustration

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Category: AM 1450 Exclusive, Economy, Mark's Opinion, Politics, Videos Tags: , ,
National Debt Clock (Photo by Tim Boyles/Getty Images)
National Debt Clock (Photo by Tim Boyles/Getty Images)
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The National Debt

By Tom Egelhoff January 2, 2013

We will never pay off a $16 trillion dollar debt. The good news is we don’t have to.

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Category: Advice, AM 1450 Exclusive, Commentary, Consumer Advice, Economy, Finances, Government, Investment, Money, Opinion, Politics, Tom's Opinion Tags: , , , , , , ,
Can The US Pay Off The National Debt
(Photo by Justin Sullivan/Getty Images)
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Is It Possible To Pay Off the National Debt?

By Tom Egelhoff May 2, 2012

If Bill Gates and I both buy our own private Gulf Stream jet planes, which of us will have the tougher time making the payments?

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Category: Business, Economy, Finances, Newsletter, Politics, Tom's Opinion Tags: , ,
Senate Passes Debt Limit Bill, Avoiding U.S. Default
Win McNamee/Getty Images
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Senate Votes For Debt Deal

By 1450 KMMS AM August 2, 2011

Narrowly avoiding a national default on it's debts, the US Senate passed the raising of the debt ceiling in a 74-26 vote. The raising of the ceiling will be offset by $2.4 trillion in budget cuts. Where will these cuts come from?

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Category: National News, Politics Tags: , ,
Brendan Smialowski, Getty Images
Brendan Smialowski, Getty Images
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President Obama, Congressional Leaders Reach Debt Deal, Plan to Face Vote

By Stephanie Berning August 1, 2011 | TSMInteractive.com

President Barack Obama said Sunday night that he and Congressional leaders had reached a debt deal that cuts trillions in federal spending. The debt ceiling plan was set to face a vote on Monday in hopes of enacting it before a Tuesday deadline, thus averting default, The New York Times reported.

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Category: National News, Politics Tags: ,
Money_250x200
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Ok, Who Went Out And Spent $3,657,394,113?

By Mark Allen January 8, 2011

That's a big number, right? Let's round it off to $3.66 billion. What is that number?

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Category: National News Tags: , ,
10000 bill
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The US National Debt Just Passed $14 Trillion. How Much Is That

By Mark Allen January 6, 2011

If you're like most people not involved with drug trafficking, you don't often actually see U.S. money with more than one or two zeroes on it, as in $50 or $100.

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Category: National News Tags: ,

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