by Jane Richey | Jun 7, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Rep. Jesse Jackson Jr. (D-Ill.) proposed raising the minimum wage to $10 an hour today but when asked why it should not be raised to $20 an hour Jackson did not answer directly, saying only that “even making the argument for $20 an hour would by far surpass” the goal...
by Jane Richey | Jun 7, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet. On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Free Markets
The House approved two amendments to a 2013 spending bill late Tuesday night that would prohibit the government from enforcing federal light bulb standards that Republicans say are too intrusive. In a voice vote, the House approved an amendment to the Energy and Water...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Banking regulations have swung too far toward the extreme since the Wall Street meltdown in 2008, which is preventing the economy from moving forward, says the head of a Washington bank. “We need balance,” J. Scott Wilfong, president and CEO of SunTrust Bank of...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Federal debt will double by the middle of the next decade and reach more than twice the size of the entire U.S. economy by 2037 unless Congress changes course on taxes and spending, the Congressional Budget Office said in its latest analysis Tuesday. The CBO said it’s...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
he bulk of new affordable housing to be part of the massive Tysons Corner redevelopment plan is slated for households making six figures — or close to it — according to an analysis to be unveiled Wednesday. The plan calls for developers to set aside 20 percent of new...
