by Jane Richey | Aug 23, 2012 | Fiscal Responsibility, Politics
Vice President Joe Biden, speaking at a high school in Detroit Wednesday, said “it won’t cost the government a penny” to help more homeowners stay in their homes, “if the Republicans would just get out of the way.” Biden took credit for cutting taxes for the middle...
by Jane Richey | Aug 23, 2012 | Fiscal Responsibility, Politics
The long-awaited inspector general’s report on the Justice Department’s botched gun-running scheme is finished, Rep. Darrell Issa (R-Calif.) said on Wednesday. But along with that news comes more questions: Issa and Sen. Chuck Grassley (R-Iowa) are...
by Jane Richey | Aug 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Congressional Budget Office (CBO) predicts that if tax rates rise in 2013 as scheduled, the economy will fall back into recession, shrinking by 0.5 percent in 2013. CBO made the prediction in its annual summer budget update Wednesday. “But the sharp increases in...
by Jane Richey | Aug 21, 2012 | Fiscal Responsibility, Politics
Hello Philly, can you hear us? Voters in state Rep. Mark Cohen’s district, do you care? Your legislator is once again atop the list of lawmakers taking per diems – by a lot. The Democratic legislator from the 202nd District claimed $39,333.75 in 2011,...
by Jane Richey | Aug 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
A provision of President Obama’s health care law imposes a second Medicare tax on investment income for Americans classified as wealthy, effectively raising taxes on investment income and taxing investors twice. The provision, a little-known part of ObamaCare, levies...
by Jane Richey | Aug 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Congressional Republicans are blasting the White House’s decision to rework the government bailout of housing giants Fannie Mae and Freddie Mac. The Treasury Department’s decision to modify some terms of the nearly four-year federal lifeline is drawing...
