by Jane Richey | Jul 25, 2012 | Fiscal Responsibility, Politics
A new report from the Government Accountability Office finds that last year’s debt ceiling showdown between House Republicans and the White House cost the government $1.3 billion – increasing market uncertainty and raising federal borrowing costs. “Delays in raising...
by Jane Richey | Jul 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Vice President of Government Affairs for the 362,000-member National Taxpayers Union (NTU), Andrew Moylan, submitted testimony to the House Judiciary Committee criticizing the “Marketplace Equity Act” (H.R. 3179) as a flawed piece of legislation that will cripple...
by Jane Richey | Jul 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
A stock sell-off driven by renewed worry over Europe made clear Monday that the continent’s debt crisis remains a threat to the U.S. recovery and President Obama’s reelection chances. Markets were spooked Monday morning by the news that multiple regions of Spain, and...
by Jane Richey | Jul 23, 2012 | Fiscal Responsibility, Politics
he number of workers taking federal disability insurance payments hit yet another record in July, increasing to 8,753,935 during the month from the previous record of 8,733,461 set in June, according to newly released data from the Social Security Administration. The...
by Jane Richey | Jul 23, 2012 | Fiscal Responsibility, Free Markets
Republican Governor Tom Corbett certainly can’t be accused of being a big spender. The 2011 budget he signed into law cut more than $1 billion in state spending, reducing funding for nearly every state department. This year’s budget, finalized last month,...
by Jane Richey | Jul 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Three years since the recession ended, 43 states have yet to regain the jobs they lost in the downturn. The figure is a reminder of how weak the nation’s job market remains. The states that are the furthest behind in job growth are those that were hit hardest by the...