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...
by Jane Richey | Apr 19, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
In a speech yesterday in Elyria, Ohio — a small town just outside Cleveland sitting at the forks of the Black River — President Barack Obama delivered a politically charged speech in which he hearkened back to the country’s roots, saying that his opponents “don’t seem...
by Jane Richey | Apr 19, 2012 | Fiscal Responsibility
From State Senator Mike Folmer: March, typically the largest revenue collection month of the year, ended with collections 2.4 percent – or $94.7 million – over estimates. However, fiscal year-to-date collections are 1.9 percent – or $386.9 million –below estimates....
by Jane Richey | Apr 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Tuesday lawmakers for the first time began considering specific tax breaks to reduce or otherwise change, laws that allow millions of Americans to avoid taxes while saving for retirement. Tax incentives for employer pensions, 401(k) plans, individual retirement...
by Jane Richey | Apr 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
U.S. General Services Administration (GSA) runs on a $45 billion annual budget — including $5.5 billion in federal stimulus money to oversee capital building projects. Thanks to President Obama, the federal government is steering that money toward Big Labor patrons...