by Jane Richey | Aug 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Congressional Budget Office (CBO) predicts that if tax rates rise in 2013 as scheduled, the economy will fall back into recession, shrinking by 0.5 percent in 2013. CBO made the prediction in its annual summer budget update Wednesday. “But the sharp increases in...
by Jane Richey | Aug 22, 2012 | Constitutionally Limited Goverment, Politics
The Environmental Protection Agency (EPA) filed a brief Monday explaining its decision to deny a petition that would have exempted refiners from part of a biofuel blending mandate. The documents filed Monday with the U.S. Court of Appeals for the District of Columbia...
by Jane Richey | Aug 21, 2012 | Constitutionally Limited Goverment, Free Markets
In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom. Here is an excerpt from an interview with Phil Donahue in 1979. Click...
by Jane Richey | Aug 21, 2012 | Constitutionally Limited Goverment, Politics
Medicare is an emotionally charged program because it provides health insurance coverage for the elderly. But Medicaid covers America’s poor and disabled—and no one wants to see them harmed, either. However, like Medicare, Medicaid is also in desperate need of reform...
by Jane Richey | Aug 21, 2012 | Constitutionally Limited Goverment, Free Markets
Michelle Obama, sitting next to Olympic gold medalist Gabby Douglas on the “The Tonight Show” last week, decided to bully the young girl about her diet. When queried by host Jay Leno, Douglas allowed that after she won her gold-medals in London she celebrated by...
by Jane Richey | Aug 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
A provision of President Obama’s health care law imposes a second Medicare tax on investment income for Americans classified as wealthy, effectively raising taxes on investment income and taxing investors twice. The provision, a little-known part of ObamaCare, levies...
