$1,275,901,078,828.74

In Fiscal Year 2012, the national debt increased from $14,790,340,328,557.15 on September 30, 2011, to $16,066,241,407,385.89 on September 28, 2012.1 That’s an increase of $1,275,901,078,828.74 in one year, or 8.6%. _____________________________________ The Department of the Treasury does not calculate the debt for weekend days, and the end of the fiscal year, September 30, was a …

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Congratulations to President Obama!

He has achieved his goal early! The national debt stood at $16,015,769,788,215.80 as of the end of Friday, August 31, 2012. Your Editor, taking the averages, had projected it would cross the $16 trillion threshold on Thursday, when Barack Obama was delivering his acceptance speech to the Democrite National Convention, but the President exceeded my …

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Mitt Romney tells the truth

From Romney: GOP ‘Let People Down’ on Budget By Sara Murray CINCINNATI—Mitt Romney said Saturday that his party had fallen short on its fiscal promises even as he campaigned alongside a top Republican congressional leader. “We’re going to finally have to do something that Republicans have spoken about for a long time and for a …

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Closing in on $16 Trillion

As of Thursday, August 30, 2012, the national debt stood at $15,990,541,092,391.91. It grew from $15,976,519,029,144.14 the previous Thursday, or $14,022,063,247.77. If the national debt grows by the same amount in the next week, it will stand at $16,004,563,155,639.68, topping $16 trillion, on the night that President Obama accepts the nomination of the Democratic Party …

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‘T’would be most appropriate

The national debt was $15,975,222,200,557.28 as of yesterday, and it just might top $16 trillion during the Democratic National Convention. In 3½ years under President Obama, we have added almost half a trillion dollars more to the national debt since President Obama was inaugurated than was added during the entire eight years that George W …

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Supreme Court upholds Obumblecare

The Supremes just handed down their decision on Obamacare, and it says we’re screwed.

The national debt

Since its inception, THE FIRST STREET JOURNAL has had a Voluntarily Pay More Taxes widget in the right-hand sidebar. If you click on the button, either in this article or in the sidebar widget, you will be directed to a site with the United States Department of the Treasury through which you may make a …

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Voluntarily paying higher taxes?

On THE FIRST STREET JOURNAL we have the button shown here on the right-hand sidebar, because many of our friends on the left believe that we are undertaxed. If you believe that you don’t pay enough in taxes, you can use this button to connect directly to the United States Treasury Department, and voluntarily pay …

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The frustrations of Paul Krugman

Mr Grey Ghost, formerly a (very) occasional writer on the old site, and the proprietor of Politik Ditto, pointed out this article to your Editor: Krug attacks! The nation’s most dangerous economist, Paul Krugman, releases another book with his only idea for Dems — spend more money Last Updated: 8:53 AM, May 27, 2012 | …

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