by Jane Richey | Jul 26, 2012 | Fiscal Responsibility
The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 3.49 percent. That’s down...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
UPS has delivered a stark warning to the White House and Congress that U.S. economic growth will fall to an anemic annual rate of 1 percent by Election Day. The company’s leaders on Tuesday said U.S. businesses are in danger of going over the fiscal cliff because of...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Free Markets
Treasury Secretary Timothy Geithner plans to warn House lawmakers that regulators need their help to ensure the financial system is safe from threats posed by Europe and elsewhere. According to his prepared testimony before the House Financial Services Committee,...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Free Markets
Two new reports out yesterday continue to knock down President Obama’s promises about Obamacare: his “If you like your plan, you can keep it,” and the promise to significantly shrink the ranks of the uninsured. According to a new study from consulting firm Deloitte,...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Free Markets
A study conducted by health care consulting firm Deloitte and the University of Chicago found that 59 percent of employers think the ObamaCare health reform law is a “step in the wrong direction.” The survey, published on Tuesday, asked 560 businesses of varying sizes...