by Jane Richey | Jun 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Congressional Budget Office (CBO) at the request of the Senate Energy and Natural Resources Committee evaluated federal subsidies received by the various energy industries for fiscal year 2011. The agency found that energy-related subsidies totaled $24 billion, of...
by Jane Richey | Jun 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Our government exists to secure these God-given rights, deriving its just powers from the consent of the governed. Our Constitution limits the power of government under the rule of law, creating a vigorous framework for expanding economic opportunity, protecting...
by Jane Richey | Jun 5, 2012 | Fiscal Responsibility, Free Markets
U.S. debt is on track to be nearly twice the size of the U.S. economy by 2037, the nonpartisan Congressional Budget Office (CBO) warned Tuesday. The new CBO report states that increased entitlement spending driven by the retirement of the baby boomers and insufficient...
by Jane Richey | May 29, 2012 | Fiscal Responsibility, Politics
Philadelphia Federal Reserve Bank President Charles Plosser said Monday that people in the United States have no need “to get all in a dither” over Europe’s debt crisis, according to a report. Plosser told The Wall Street Journal he feels that Europe’s economic...
by Jane Richey | May 29, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Americans who describe themselves as conservative on economic issues outnumber those who describe themselves as liberal on economic issues by 46 percent to 20 percent, according to a Gallup poll released today. The same poll says that Americans who describe themselves...
by Jane Richey | May 26, 2012 | Fiscal Responsibility, Politics
European leaders are calling on the U.S. to be sure and steer clear of the “fiscal cliff” coming at the end of the year, for the good of the global economy. While European nations are grappling with a debt crisis on their own continent, European Commission...