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Debt ceiling rhetoric from both sides has blurred the reality that the US Government continues to spend more money than it takes in.
On this broadcast, we explain what the debt consist of, who owns it and short / long term impact on federal policy and interest rates.
The House has voted to defund ObamaCare while fully funding the government. Ted Cruz calls on Senate Republicians to not allow Harry Reid to use "procedural tricks" to put funding for ObamaCare back into the Continuing Resolution. Obama says he will veto any C.R. bill that doesn't fund the Affordable Care Act which could lead to a "government shutdown". Meanwhile, Obama tells America that raising the Debt Ceiling does not increase national debt. We'll start there but we will also talk about how Obama has waived a provision of federal law designed to prevent the supply of arms to terrorist groups to clear the way for the U.S. to provide military assistance to opposition groups in Syria. Next; first he wanted Obama to skip coming to Congress and just attack Syria, then he wanted to limit free speech, and now Sen. Lindsey Graham wants to seek authorization for the U.S. to attack Iran. Other topics if time allows; Dianne Feinstein says "First Amendment Is A Special Privilege", Not A Right! and a Maryland Parent Arrested While Speaking Out Against Common Core at a Public Forum.
Web sites of interest:
Stocks were on fire in 2013. Will stocks soar again in 2014?
What about the Feb. 7, 2014 Debt Ceiling deadline? Can Secretary Lew push paper around and get us through summer without another political crisis?
Fitch has promised to address their Credit Watch Negative on the U.S. by the end of the first quarter 2014 (March 31, 2014). Their review occurs on March 21, 2014. What factors are at play? What's the likely outcome?
Dee from Color Me Frugal has a colorful tale to share about getting through undergrad with no debt. Her parents didn't write a blank check. She didn't have a full ride. She did get it done. Think it's not possible to exit school without student loans? Dee has another perspective that parents, college kids, or anyone remotely considering a degree should consider. Tune in and be inspired!
Also in this episode:
30-day Meals @ Home Challenge
Money, Life, & More Google Hangouts
Pay Cash for Christmas
Join #teamdebtfree on Facebook and find a community to help you dump debt and regain your fiscal sanity!
You can also join us on Twitter or Pinterest.
Callers and Chat Participation are Welcome. All mics stay open during the show.
Bards Logic discusses the Government Shutdown, Obamacare, Immigration, and the upcoming Debt Ceiling Debate.
With the Government Shutdown and the Battle to Defund Obamacare waging, the debt ceiling increase looms. U.S. debt is over $17 Trillion, Obamacare will increase it and so will the Immigration "Reform" Bill that has been all but forgotten.
Join us in finding some Logic in this Government in Chaos ( or so it would appear).
José Figueroa is a financial coach and bilingual blogger who started Figueroa Financial. You can follow him online at figueroafinancial.com. Originally from Puerto Rico, he currently resides in the Dallas Fort Worth area. Jose joins us today to share his story of debt freedom not to brag, but to give you hope and encouragement to continue to pursue your debt free dreams.
Join us on Facebook: http://facebook.com/debtfree4life
Aja McClanahan and her family paid off $110,000 and are debt free, inlcuding their mortgage. As you listen to their unique experience around achieving and maintaining debt freedom, ask yourself, what can you do to achieve your goals? Stay connected with Aja's journey on her blog: Principles of Increase.
Stay connected with the Divas on Facebook, Twitter, or visit our website.
Guest: Dr Ileana Johnson, author & economist. We will discuss the ObamaCare "exceptions" and the debt ceiling debate this month.
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in Self Help
Break Through That Glass Ceiling On Our EFT Show
Men, as well as women, can experience a glass ceiling to their income. And no matter how hard one tries, one can be left struggling to pay all the bills on time. Sounds familiar? It can be nice to see some positive change, wouldn't it? If so, you cannot afford to miss this call!
Join us Suzanne Zacharia, EFT Master and Author and Frances Soda, EFT Business coach, on this call start making real changes and raise that glass ceiling. (Hint, it only exists in your mind).
Terms & Conditions & Disclaimers -
You must assume responsibility for your own physical, emotional, mental, and spiritual well-being. Like any other self-help program, you are advised to consult with your physician or qualified medical practitioner before embarking on any alternative or complementary treatment. Our use of systems that are trademarked or have a registered trademark represents our views and not necessarily those of the trademark owners.