by Jane Richey | Aug 8, 2012 | Fiscal Responsibility, Politics
President Obama on Tuesday signed a law requiring the White House budget office to reveal exactly how automatic budget cuts looming in January 2013 will be carried out. The Sequestration Transparency Act was passed by the House in July by a 414-2 vote. The Senate...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility, Politics
This is about the big one that got away. Not a fish, but fishing, a sport and an economic engine in decline. In recent years, the sport of saltwater fishing in New Jersey has lost more than one of every 10 jobs lost industry-wide, nearly $200 million in sales and $109...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility
Every summer across the U.S., more than 3 million children eat for free at more than 30,000 sites, from schools to recreation centers to migrant worker camps. It’s a valuable resource for families who are struggling, and, critics say, a nice freebie for those...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility, Free Markets
Pizza chain Papa John’s told shareholders that President Obama’s health care law will cost consumers more on their pizza.On a conference call last week, CEO and founder John Schnatter said the health care law’s changes — set to go into effect in 2014...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility
. . . what happens when the grant money runs out? “Hagerstown, Maryland has received a $625,000 grant to hire five police officers as part of a Justice Department program to advance “community policing.” The money is supposed to cover the new officers’ salary...