by Jane Richey | Jan 7, 2013 | Fiscal Responsibility, Politics
Senate Minority Leader Mitch McConnell (R-Ky.) on Sunday said Republicans will demand steep spending cuts during the next round of budget negotiations. McConnell, in an interview with ABC’s “This Week,” said President Obama had won all he’s going to get on taxes in...
by Jane Richey | Jan 7, 2013 | Fiscal Responsibility, Free Markets, Politics
Dan Celia: “We’ve watched Japan do this for 12 years. That’s the problem — nobody really cares about the economy stalling,” he submits. “The worst-case scenario [to most people] is the economy stalls and we have more people on...
by Jane Richey | Jan 5, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Fifty-four House Republicans on Thursday reintroduced legislation that would terminate the IRS and replace the system of income taxes on people and corporations with a consumption tax. The FairTax Act, from Rep. Rob Woodall (R-Ga.), would abolish the 16th Amendment,...
by Jane Richey | Jan 5, 2013 | Fiscal Responsibility, Politics
Scott McGrath lamented the fact that nearly two months later, many Sandy victims still need aid and Congress has only been able to put forth a pork-filled bill that will only partially help those affected by the storm. “He’s a phony. He’s a liar,” McGrath said of...
by Jane Richey | Jan 4, 2013 | Fiscal Responsibility, Politics
Treasury Secretary Timothy Geithner, who reportedly will leave office at the end of this month, is already responsible for spending and borrowing more money than any of his predecessors as secretary of the Treasury. The U.S. Senate confirmed Geithner on Jan. 26, 2009....
by Jane Richey | Jan 3, 2013 | Agenda 21, Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
A recently renewed wind power credit could face more scrutiny next Congress, as House Committee on Oversight and Government Reform Chairman Darrell Issa (R-Calif.) said Wednesday that the credit is of “serious interest” to his committee. Issa criticized a...