by Jane Richey | Nov 20, 2013 | Alerts, Fiscal Responsibility
VCTPP Action Alert: On Tuesday night Representative Lee James voted to pass a transportation bill that includes the second largest tax increase in history — a $2 billion gas tax increase to be exact!! It would raise gasoline taxes by as much as 28.5 cents per...
by Jane Richey | Nov 1, 2013 | Fiscal Responsibility, Free Markets
There’s still no end in sight for the Federal Reserve’s stimulus program — known as quantitative easing — after the central bank met this week and decided to continue buying $85 billion in bonds each month. In a statement released after the...
by Jane Richey | Oct 31, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from...
by Jane Richey | Oct 22, 2013 | Fiscal Responsibility
The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn’t qualify for them, according to a Treasury report released Tuesday. The Earned Income Tax Credits were intended for poor working families. In his...
by Jane Richey | Oct 22, 2013 | Fiscal Responsibility, Politics
Congressional Democrats want Republicans to sign off on $50 billion worth of tax increases to eliminate the sequester’s automatic spending cuts. The next phase of these cuts will take effect Jan. 15, when government funding will drop from $986 billion to $967 billion....
by Jane Richey | Oct 17, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Health Care, Politics
Heritage Foundation: To hear Senators Harry Reid (D-NV) and Mitch McConnell (R-KY) tell it, America’s long national nightmare is over. Except…it’s not. Our national nightmare isn’t the government shutdown; it’s Obamacare. Congressional leaders have been...
