by Jane Richey | Jan 1, 2013 | Fiscal Responsibility, Politics
The Senate early on New Year’s Day voted overwhelmingly in favor of a fiscal cliff deal that would extend tax rates on annual household income under $450,000 and postpones automatic spending cuts for two months. The bill was approved in an 89-8 vote that came...
by Jane Richey | Dec 31, 2012 | Fiscal Responsibility, Politics
The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday. The notice about the debt ceiling came packaged with a...
by Jane Richey | Dec 31, 2012 | Fiscal Responsibility, Politics
The U.S. government reached its $16.4 trillion borrowing limit on Monday, according to the Treasury Department. Treasury Secretary Timothy Geithner informed congressional leaders in a letter Monday that the government has begun employing “extraordinary...
by Jane Richey | Dec 30, 2012 | Fiscal Responsibility, Politics
Boehner: President Obama Should Lead, Not Cast Blame WASHINGTON, DC – House Speaker John Boehner (R-OH) released the following statement in response to President Obama’s appearance on Meet the Press this morning. “Americans elected President Obama to lead, not cast...
by Jane Richey | Dec 29, 2012 | Fiscal Responsibility, Politics
President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden. According to disclosure forms, Biden made a cool...
by Jane Richey | Dec 28, 2012 | Fiscal Responsibility, Politics
n one of its last actions of the year, the United Nations General Assembly on Christmas Eve agreed to extend for another three years the formula that has U.S. taxpayers contributing more than one-fifth of the world body’s regular budget. No member-state called for a...
