by Jane Richey | May 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The lobbying group for automobile dealerships is contesting a claim by a consumer group that higher fuel standards for cars will lead to happy drivers. Instead, the McLean, Va.-based National Automobile Dealers Association said Wednesday the Obama...
by Jane Richey | May 24, 2012 | Fiscal Responsibility, Politics
The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds. Under those accounting practices, the government ran...
by Jane Richey | May 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The U.S. Agriculture Department plans to expand American farmers’ access to credit through a new microloan program that offers lower interest rates than credit cards and personal loans. Among other improvements, USDA said it is “adding flexibility to some...
by Jane Richey | May 23, 2012 | Fiscal Responsibility, Free Markets
A Pennsylvania company plans to invest $380 million to expand natural-gas pipelines in the state, and ultimately link to markets in New Jersey and New York. Penn Virginia Resource Partners, L.P., of Radnor, said Monday that some of the expansions to its Lycoming...
by Jane Richey | May 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Senate Republicans criticized the Obama administration Tuesday for paying a public-relations firm $20 million to highlight part of President Obama’s healthcare law. A Health and Human Services (HHS) official confirmed Monday that the department had signed a...
by Jane Richey | May 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
What would happen if a deadlocked Congress did nothing? If the expiring Bush tax rates are allowed to lapse and the automatic spending cuts kick in next year, it could hurl the U.S. economy back into a recession, the Congressional Budget Office warned in a report...
