IMMINENT COLLAPSE: Nation Might Reach $16.4 Trillion Debt Limit Close to Election Day

The $16.4 trillion debt ceiling could be reached just weeks after Election Day, according to a new report.

The analysis raises the possibility that lawmakers might have to raise the nation's borrowing limit before the election, a scenario they took pains to avoid in the debt deal passed in August.

Now, partially due to lower than expected tax receipts, the nation could reach the $16.4 trillion debt limit as early as late November, according to an analysis from the Bipartisan Policy Center (BPC) to be released Friday. READ MORE...


Let's hope that at least some of the dumbass voters who have heled create this massive debt with their voting record have to help pay it off with the rest of us.

YOU'RE PAYING FOR THIS: Alinsky-Tied Group Awarded $56 Million Federal Loan

A Saul Alinsky-tied group has been awarded a $56 million federal loan to start up a nonprofit health insurance company -- one of several organizations across the country this week tapped to launch a new network of insurers under the sponsorship of the federal health care overhaul.

The Wisconsin group, Common Ground Healthcare Cooperative, was awarded the funding on Tuesday. According to the Department of Health and Human Services, the group is expected to provide coverage statewide within five years after starting on a smaller scale in early 2014 READ MORE...