In 1940, the statutory national debt limit was authorized at $43 billion. Today, the debt ceiling stands at $14.3 trillion dollars — 291 times larger than the original limit. Since President Barack Obama took office, the debt limit has been raised three times, though that is not unusual for a sitting president. However, the most recent limit increase was staunchly opposed by the GOP and did not secure one Republican vote. Whether the Republicans did that to assure their own victories on November 2 or they truly believe in reducing the debt remains to be seen, but it certainly prompts the question: What would happen if the GOP banded together next year and blocked the Treasury from issuing more debt?
So, the Republicans regained control of the U.S. House of Representatives with a margin of victory that made it the largest shift in power since the Democrats won a 91-seat House majority in 1948. Republicans are understandably ecstatic, but because they didn’t win control of the Senate, and since we are stuck with a Democratic president for two more years, they seem a little too confident for a party that controls only one-third of the government.
"The powers delegated by the proposed Constitution to the federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite." James Madison, Federalist No. 45, January 26, 1788.
This is the final segment of a four-part interview with Rev. Elijah Abraham. (To see the first three segments, click here, here, and here.) Rev. Abraham was born and raised as a Muslim in Iraq, but converted to Christianity when he found that Islam did not answer his most pressing religious questions. He was interviewed for The New American by James Heiser.
Airport Body Scanner Truth reported on Monday, November 1, that American Airlines pilots were advised to opt for the pat-down search rather than submit to repeated radiation from Advanced Imaging Technology (AIT) screening procedures.