by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The estimated federal budget deficit for the first nine months of fiscal 2012 is $66 billion lower than for the corresponding period in 2011, the non-partisan Congressional Budget Office said Monday. The deficit through June is estimated to be $905 billion, down from...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
From Patrick J. Buchanan: Comes now news from across the pond that executives at one of the world’s most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The policy that President Obama described Monday as a middle-class tax cut would result in taxpayers paying nearly $1.3 trillion more over an eight-year period than they would have under his previous proposal, according to Congressional Budget Office figures. “I’m...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
U.S. manufacturers say uncertainty about the “fiscal cliff” of impending tax increases and spending cuts is standing in the way of the robust job growth that is needed to lower the unemployment rate. On the heels of June’s disappointing jobs report, the leading trade...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
Governor Tom Corbett has signed a law that eliminates the Pennsylvania inheritance tax on farmers. Before now, children who inherited the family farm had to pay an inheritance tax of 4.5 percent. Those who inherited farmland from a sibling had to pay almost triple...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
As Governor Corbett and Harrisburg lawmakers try to lure a natural gas processing plant to Beaver County, near Pittsburgh, others seek to revive a shuttered Sunoco refinery in suburban Philadelphia by connecting it to the shale gas boom. The...
