Children will bear burden of federal debt

It’s staggering. The federal debt, currently calculated at $15.2 trillion, actually is $51 trillion. The more familiar debt figure of $15.2 trillion debt is bad enough. It’s increasing at about $1.3 trillion a year and comes from deficit spending the past 10 years on the federal budget, whose fiscal year begins each Oct. 1. And […]

Letter to the editor: Debt showdown irresponsible

Raising the debt ceiling is a formality that has been a part of government for years. Basically, raising it is agreeing to pay debts that have already been incurred. Where was the concern when the debt was piling up? The time to control indebtedness is at the time of purchase, not when the bills come […]

Diving deeper into debt won’t help overcome it

The Senate is facing the politically uncomfortable prospect of raising the limit on the national debt — again — to somewhere north of $13 trillion. Senate Democrats are seeking a way to fold the admission of fiscal malpractice into some larger spending bill, hoping it won’t be noticed — and exploited politically. President Barack Obama […]

March 25, 2006 Notable Notes

ASAP office closed next week The offices of the Quay County ASAP Coalition will be closed next week. The office will reopen April 3. Messages can be left at either 461-4922 or qcasapc@plateautel.net Debt workshop coming in April The New Mexico Bar Foundation, with funding from the New Mexico Legal Services Commission, will hold a […]