by Jane Richey | Jun 15, 2012 | Fiscal Responsibility
Wall Street rating agencies are starting to sound warnings again about the possibility of further downgrades of the once-perfect U.S. credit rating as a critical year-end deadline for addressing the nation’s mounting debt nears. Standard & Poor’s Corp. this week...
by Jane Richey | Jun 15, 2012 | Constitutionally Limited Goverment, Free Markets
President Barack Obama told supporters at a campaign rally on Thursday that the federal government needs to fund more research to ensure “the next Thomas Edison, the next Wright brothers.” “The private sector can’t do it alone, especially when it comes to basic...
by Jane Richey | Jun 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Internal Revenue Service is expected to use $881 million of taxpayers’ money to implement the first four years of Obamacare, including about $500 million that the Department of Health and Human Services (HHS) diverted to the agency, according to a federal audit....
by Jane Richey | Jun 14, 2012 | Politics
Dan Rooney, U.S. ambassador to Ireland and chairman emeritus of the Pittsburgh Steelers, and Mike Tomlin, the Pittsburgh Steelers head coach, have cast their support for President Barrack Obama. Rooney campaigned for Obama in in 2008 and will likely resume campaigning...
by Jane Richey | Jun 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Treasury Secretary Tim Geithner on Wednesday said that despite a gaffe by President Obama last week, in which the president said the private sector is “doing fine,” the administration understands the economy is in tough shape. He acknowledged that, given pressures...