by Jane Richey | Feb 13, 2013 | Fiscal Responsibility, Politics
Congressional Budget Office Director Douglas Elmendorf said that unless Congress gets the federal budget under control, stimulus spending policies will be a “drag” on the economy in the future as the government struggles to pay the increased debt. “If cuts in taxes or...
by Jane Richey | Feb 13, 2013 | Fiscal Responsibility, Politics
In President Obama’s most expensive and widest ranging State of the Union Address yet, his proposals weighed in at $83.4 billion worth of quantifiable agenda items, according to National Taxpayers Union Foundation’s (NTUF’s) annual line-by-line analysis of the...
by Jane Richey | Feb 11, 2013 | Fiscal Responsibility, Politics
The White House on Sunday stepped up pressure on Republicans to adopt a short-term budget patch that would cancel the $85 billion in spending “sequesters” due on March 1, saying that government spending is still needed to prop up a stubbornly sluggish economy. Late...
by Jane Richey | Feb 10, 2013 | Fiscal Responsibility
The president of the American Federation of Government Employees says a one-percent increase is “absolutely unconscionable.” The head of the largest federal employee union said Saturday that President Obama’s proposal to increase pay for federal...
by Jane Richey | Feb 9, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Health Care
On Friday, Carson appeared on Fox News’ “Hannity” to explain why he felt compelled to speak out against the big government policies endorsed by Obama, in front of Obama. Carson, a renown neurosurgeon, said the response to his speech has been “overwhelmingly” positive....
by Jane Richey | Feb 8, 2013 | Fiscal Responsibility
So far this calendar year, the Federal Reserve has bought up more U.S. government debt than the U.S. Treasury has issued. On Dec. 31, the total debt of the U.S. government was $16.4327 trillion and then-Treasury Secretary Tim Geithner announced that the government had...