by Jane Richey | Jan 1, 2013 | Fiscal Responsibility, Health Care
The fiscal cliff deal contains a one-sentence provision that would block a scheduled cost-of-living adjustment for representatives and senators that is due to take place when the continuing resolution under which the federal government is currently operating expires...
by Jane Richey | Jan 1, 2013 | Fiscal Responsibility, Politics
The Senate early on New Year’s Day voted overwhelmingly in favor of a fiscal cliff deal that would extend tax rates on annual household income under $450,000 and postpones automatic spending cuts for two months. The bill was approved in an 89-8 vote that came...
by Jane Richey | Dec 31, 2012 | Fiscal Responsibility, Politics
The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday. The notice about the debt ceiling came packaged with a...
by Jane Richey | Dec 31, 2012 | Fiscal Responsibility, Politics
The U.S. government reached its $16.4 trillion borrowing limit on Monday, according to the Treasury Department. Treasury Secretary Timothy Geithner informed congressional leaders in a letter Monday that the government has begun employing “extraordinary...
by Jane Richey | Dec 30, 2012 | Fiscal Responsibility, Politics
Boehner: President Obama Should Lead, Not Cast Blame WASHINGTON, DC – House Speaker John Boehner (R-OH) released the following statement in response to President Obama’s appearance on Meet the Press this morning. “Americans elected President Obama to lead, not cast...
