by Jane Richey | Apr 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Medicare and Social Security are on a fast track to deep fiscal problems, trustees for the two programs warned Monday. The Medicare trust fund will be “exhausted” — meaning it won’t have enough money on hand to cover the benefits it’s supposed to provide — by 2024,...
by Jane Richey | Apr 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Many insurance experts and health policy consultants predict only a dozen or so states will be ready to run exchanges on their own — and a few say that projection may be too sunny. Only a handful of the most militant states are likely to continue all-out resistance to...
by Jane Richey | Apr 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
For the past several years, it’s not been an uncommon sight in Anytown, USA, to drive down the street and see home after home for sale after going through foreclosure. They are the still-lingering hangover from the housing crash that began in 2007. Though the true...
by Jane Richey | Apr 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The non-partisan Congressional Budget Office said Friday that President Obama’s 2013 budget will likely reduce growth in the long-term as larger deficits reduce capital available to businesses. After the next five years, CBO says the Obama proposals will likely reduce...
by Jane Richey | Apr 19, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The Obama administration on Wednesday stated for the first time that the president will not sign any 2013 spending bills until the House abandons the spending levels in Rep. Paul Ryan’s budget. That budget cuts spending next year by $19 billion compared to the August...
by Jane Richey | Apr 19, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
It’s difficult to be a good economist and simultaneously be perceived as compassionate. To be a good economist, one has to deal with reality. To appear compassionate, often one has to avoid unpleasant questions, use “caring” terminology and view...
