by Jane Richey | Nov 8, 2012 | Fiscal Responsibility, Politics
On December 31, 2012, a large swath of the federal income tax code is scheduled to expire, an event which has come to be known as the “fiscal cliff.” Among the expiring provisions are the 2001 and 2003 tax cuts enacted under President Bush, a compromise on the estate...
by Jane Richey | Nov 8, 2012 | Fiscal Responsibility, Politics
Congressional Budget Office officially reported on Wednesday that the federal budget deficit in fiscal 2012 (which ended on Sept. 30) topped a trillion dollars for the fourth straight year even though federal taxes paid by individuals increased by 4 percent during the...
by Jane Richey | Nov 8, 2012 | Fiscal Responsibility, Politics
Now that President Obama will never face re-election again, it is time for the campaigning to end. Perpetual political rhetoric and promises do not matter any more. Action—and leadership—are sorely needed on pressing issues that threaten the United States. America’s...
by Jane Richey | Nov 5, 2012 | Politics
The U.S. Justice Department announced on Friday that it is dispatching 780 department personnel and federal observers from the Office of Personnel Management to monitor Tuesday’s elections in 51 jurisdictions around the country–including Queens, N.Y. The...
by Jane Richey | Nov 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
If Americans under the age of 18 were required as a group to pay off the entirety of the federal government’s debt in equal shares, each would now need to pay about $218,676. That is more than the $130,468 average price tag for four years at a private college or the...
