by Jane Richey | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
A chunk of an $11 million stimulus grant meant to provide low-income Detroit residents with clothing for job interviews reportedly aided just two people — far short of the 400 job-seekers the money was meant to help. The 2009 grant in question was used to start...
by Jane Richey | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Despite receiving more than $885 million in federal economic stimulus funds since 2009, the D.C. government — whose residents face one of the highest unemployment rates in the nation — cannot say how many jobs it actually created for those who live in the District....
by Jane Richey | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
President Barack Obama used his visit to a North Carolina truck manufacturer on Wednesday to announce a $1 billion program to promote electric and other alternative vehicles through tax incentives for consumers and federal grants to states to finance infrastructure to...
by Jane Richey | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
With no authorization from Congress, President Barack Obama has announced that his administration–through the Federal Housing Administration–will insure refinanced mortgages for 2 to 3 million borrowers without verifying their income or even if they hold a...
by Jane Richey | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
With already 600 new regulations in 2012, a fellow in regulatory studies says the United States continues to be a nation of regulations. Ryan Young of the Competitive Enterprise Institute (CEI), who compiled the data, says 600 regulations since the first of the year...
by Jane Richey | Mar 8, 2012 | Fiscal Responsibility, Free Markets
Recent decisions by the Federal Reserve, intended to keep interest rates low, will hurt taxpayers in the future, according to Duquesne University economist Antony Davies. The Fed bailed out financial institutions in 2009, and chairman Ben Bernanke has continued to...
