by Jane Richey | Jan 10, 2014 | Constitutionally Limited Goverment, Fiscal Responsibility
President Barack Obama announced on Thursday that he has selected the first set of “Promise Zones,” economically challenged communities that will receive tax incentives and grants to combat poverty through education, increased access to housing and crime reduction....
by Jane Richey | Jan 10, 2014 | Fiscal Responsibility
Any day now, Congress is likely to release the trillion-dollar Trojan horse that is the spending bill for 2014. It’s going to be big, and it’s going to be rushed. And few members of Congress (if any) are going to read it all. Government budgeting isn’t supposed to be...
by Jane Richey | Jan 8, 2014 | Fiscal Responsibility
A new report from Congressional Quarterly suggests that ObamaCare isn’t the only item being delayed in the White House these days. Apparently the official White House budget proposal, which is required by law to be submitted to Congress no later than the...
by Jane Richey | Jan 8, 2014 | Fiscal Responsibility
In a brief speech on the House floor Wednesday, Rep. Sheila Jackson Lee (D-Texas) hailed the war on poverty, endorsed government welfare programs, and said the “safety net has to be something for all of us.” “Maybe the word welfare should be changed...
by Jane Richey | Jan 7, 2014 | Fiscal Responsibility
Expanding Medicaid coverage to an estimated nine million more Americans—as mandated by the Affordable Care Act—reinforces the idea that Medicaid only serves the poor. That perception is not accurate. And it distracts from a looming budgetary threat to the program:...
by Jane Richey | Jan 6, 2014 | Fiscal Responsibility
One trillion equals one thousand billion. One trillion = 1,000,000,000,000 At about $30.5 million per year, the 2013 highest paid NBA player, Kobe Bryant, would need to work 32, 837 years to reach $1 trillion. Read more.
