by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The U.S. government just notched its highest ever monthly deficit, with the red rink running to an estimated $229 billion in February. The Congressional Budget Office, in a preliminary analysis, reported that the February 2012 deficit broke last year’s monthly...
by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Obama administration officials are emphasizing restoration of degraded ecosystems as they roll out a final new rule for managing the nation’s 193 million acres of forests and grasslands. Thirty years in the making, the rule to be officially issued this month...
by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
. . . Philips! Energy Secretary Steven Chu said the prize would spur industry to offer the costly bulbs, known as LEDs, at prices “affordable for American families.” There was also a “Buy America” component. Portions of the bulb would have to be made in the United...
by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Senators Rand Paul (R-Ky.), Mike Lee (R.-Utah) and Jim DeMint (R.-S.C.) introduced a budget plan on Thursday that would balance the budget in five years and pay down $2 trillion of the national debt in 10 years. The plan includes spending cuts, entitlement reforms and...
by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
So far in fiscal 2012–which began on Oct. 1–the federal government has borrowed more than $700 billion, according to the official debt numbers posted by the U.S. Treasury. That means that since Oct. 1, the debt has been increasing at a pace of...