by Jane Richey | Dec 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The petty games that we have allowed the politicians and pundits from both side have used to divide us has only allowed for the fact that we cannot have honest and constructive discussions about these very real and looming problems that are facing us. We have allowed...
by Jane Richey | Nov 30, 2012 | Fiscal Responsibility, Politics
President Obama made his first offer to congressional Republicans yesterday in negotiations over the “fiscal cliff”—an economic catastrophe of tax hikes just a few weeks away. The White House’s proposal? $1.6 trillion in tax increases, $50 billion in new stimulus...
by Jane Richey | Nov 30, 2012 | Fiscal Responsibility, Politics
The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President...
by Jane Richey | Nov 30, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Health Care, Politics
Today, Republican Study Committee Chairman Jim Jordan issued the following statement highlighting the $1.058 trillion in higher taxes coming from ObamaCare over the next ten years. Many of the tax increases take effect on January 1, 2013: “ObamaCare raises taxes...
by Jane Richey | Nov 29, 2012 | Fiscal Responsibility, Politics
The U.S. Treasury Department website states that voluntary contributions to pay down the national debt in fiscal year 2012 reached a record amount of $7.7 million, which is 0.00005 percent of the total national debt of $16,309,738,056,362.44, or approximately $16.3...
by Jane Richey | Nov 29, 2012 | Fiscal Responsibility
From the Tax Foundation: The average federal tax rate for all taxpayers rose slightly in 2010 to 11.81 percent, up from 11.06 percent the previous year. The tax rate paid by individuals with incomes in the top 1 percent averaged 23.39 percent, while all filers in...
