by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Mayor Nutter has created an Office of Grants in response to the nationwide competition for a shrinking pool of federal funds, increasingly doled out based for merit and innovation. The new office, established by executive order, will seek federal, state, and private...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
An audit conducted by the Energy Department’s Office of Inspector General was “unable to locate” $500,000 worth of equipment purchased with stimulus money by a recipient of funds distributed through the deparment’s “Advanced Batteries and Hybrid...
by Jane Richey | Jul 17, 2012 | Fiscal Responsibility, Politics
Moody’s Investors Service has downgraded Pennsylvania’s general obligation debt to Aa2 from Aa1 over concerns about the state’s growing pension liabilities and sluggish economic recovery, Reuters reports this afternoon. The cut comes before a...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Twenty-five leading conservatives are urging the nation’s governors to reject the Affordable Care Act by refusing to implement its two cornerstones. In a letter to all 50 governors, the activists asked them to reject the law’s now optional Medicaid expansion and...
by Jane Richey | Jul 16, 2012 | Fiscal Responsibility, Politics
Historically, federal budgets have been about taking a lot of numbers that already exist — i.e., the baseline — and adding to them a bunch of new numbers that reflect the administration’s or Congress’s wish list. This is put into a large book that ignores entitlements...
by Jane Richey | Jul 16, 2012 | Fiscal Responsibility, Politics
George Washington told the House of Representatives in 1793: “No pecuniary consideration is more urgent than the regular redemption and discharge of the public debt; on none can delay be more injurious, or an economy of the time more valuable.” Washington also wrote...
