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S&P Downgrades U.S. Sovereign Debt

From Bloomberg: S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact The U.S. had its AAA credit rating downgraded for the first time by Standard & Poor’s, which slammed the nation’s political process and said lawmakers failed to cut spending enough to reduce record deficits. “The downgrade reflects our opinion that the fiscal [...]

By |2011-08-06T09:44:27-04:00August 6th, 2011|Economy|0 Comments
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Obama Likes The Gang Of Six; Can You Guess Why?

From Accounting Today: A bipartisan group of senators that has been meeting on and off for months to hammer out a budget deficit reduction plan appears to have reunited and gained support on both sides of the aisle for a plan to reduce the budget deficit by $3.7 trillion over 10 years. “The good news [...]

By |2011-07-22T08:45:30-04:00July 22nd, 2011|Government|0 Comments
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Member Org – Virginia Tea Party

Richmond Tea Party is a proud member of the Virginia Tea Party Statewide Organization.

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About Us

Richmond Tea Party, Inc. is a non-partisan, grassroots community established to advance and strengthen the Founding principle that life, liberty and the pursuit of happiness are God-given rights guaranteed to every individual by the Constitutions of the United States and the Commonwealth of Virginia. We believe that government derives its power from the people and is established solely to protect these rights. The core principles of limited government, fiscal restraint, personal responsibility, and governing with virtue and accountability are all necessary to ensure the preservation of our freedom. We believe that local governments, communities, and individuals are best suited to serve and represent the needs of the people. Most importantly, we believe that citizen participation in the political process is a fundamental necessity for good government.
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