by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Medicare faces an unfunded liability of $38.6 trillion, according to the Medicare Trustees report released Monday. The unfunded liability is the amount that has been promised in benefits to people now alive that will not be funded by the tax revenue the system is...
by Jane Richey | Apr 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The General Services Administration blew through $820,000 in taxpayers’ money in a lavish ”team building” trip to Las Vegas, and President Barack Obama is “apoplectic” at the news, according to the president’s campaign advisor, David Axelrod. Obama, he says, has...
by Jane Richey | Apr 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
President Obama is urging green-minded voters to work on behalf of his reelection with a video pitch that calls the next few months crucial to continued progress on environmental protection. His reelection campaign used Earth Day to announce the re-launch of...
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...