by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
For several hundred years, a consensus developed in Western nations that economic growth – human progress – is a good thing. But now economic growth is under attack. Economic growth has meant more jobs, higher incomes, more wealth and all the good things that become...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
President Barack Obama last month put forward a plan to cut the corporate tax rate while also closing many loopholes and ending some tax breaks. His plan included proposals to eliminate tax subsidies for oil and gas companies and the carried interest tax break for...
by Jane Richey | Mar 5, 2012 | Fiscal Responsibility, Politics
A small, bipartisan group of lawmakers in both the House and Senate are secretly drafting deficit grand bargain legislation that cuts entitlements and raises new revenue. The core House group of roughly 10 negotiators is derived from a larger Gang of 100 lawmakers led...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Housing and Urban Development (HUD) Secretary Shaun Donovan said his agency wants to encourage more principal write-downs to keep people in their homes, even when those loans are backed by Fannie Mae and Freddie Mac. “There is increasing data available, we...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The Federal Reserve’s relationship with Congress is growing more complicated as lawmakers second-guess its decisions and look to impose reforms. On Monday, the Fed will again face congressional scrutiny, as Rep. Kevin Brady (R-Texas) unveils a sweeping bill aimed at...
by Jane Richey | Mar 3, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Sen. Jim DeMint (R.-S.C.) argues in his new book—Now or Never: Saving America from Economic Collapse—that Americans could be approaching a last chance to save the country from a fiscal catastrophe and permanent transformation into a nation where the federal government...
