by Jane Richey | Dec 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
While lawmakers from both parties squabble over tax rates, a fiscal crisis is looming on the horizon. Entitlement programs — Social Security and Medicare to be precise — have unfunded obligations of $48 trillion. By comparison, the fiscal cliff carries a price tag of...
by Jane Richey | Dec 19, 2012 | Fiscal Responsibility, Politics
As of Oct. 31, the U.S. government owed $5,482,200,000,000 to foreign interests, according to the Treasury. That was up from $5,476,200,000 as of Sept. 30. The foreign debt of the U.S. government equaled $47,482 for each of the 115,459,000 full-time workers (including...
by Jane Richey | Dec 18, 2012 | Fiscal Responsibility, Politics
House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully inadequate concessions from President Obama in the process. Will they ever learn? The...
by Jane Richey | Dec 18, 2012 | Fiscal Responsibility, Politics
Under the leadership of House Speaker John Boehner (R.-Ohio), the 112th House of Representatives has thus far approved legislation that has increased the debt of the federal government by $2,176,949,774,695.46—or approximately $18,944 for per American household. The...
by Jane Richey | Dec 16, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Government, in its anti-wisdom of unreflective compassion, has effectively ordained the unintended consequence of sanctioning and subsidizing the “pigsty.” Why return to the father when one can keep his “pride” and continue eating pods...
by Jane Richey | Dec 15, 2012 | Fiscal Responsibility, Free Markets, Politics
The nation’s three most productive solar installation firms are under investigation for allegedly exaggerating business costs to get larger cash payments through a federal stimulus program. The Treasury Department’s inspector general is asking SolarCity, SunRun and...
