by Jane Richey | Jul 11, 2012 | Fiscal Responsibility, Free Markets
Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us. We have seen “stimulus packages”, quantitative easing, bond buying, interest rate cuts, emergency...
by Jane Richey | Jul 11, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The House is scheduled to vote today on full repeal of Obamacare. Although many reports are circulating that Congress has already voted on this numerous times, this is only the second time the House will have voted to fully repeal the law. Heritage has laid out the...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
“The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up—take more demand out of the economy and put businesses in a further hole.” That was President Obama in 2009, trying to reassure Americans that he was going...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The estimated federal budget deficit for the first nine months of fiscal 2012 is $66 billion lower than for the corresponding period in 2011, the non-partisan Congressional Budget Office said Monday. The deficit through June is estimated to be $905 billion, down from...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
U.S. manufacturers say uncertainty about the “fiscal cliff” of impending tax increases and spending cuts is standing in the way of the robust job growth that is needed to lower the unemployment rate. On the heels of June’s disappointing jobs report, the leading trade...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
Governor Tom Corbett has signed a law that eliminates the Pennsylvania inheritance tax on farmers. Before now, children who inherited the family farm had to pay an inheritance tax of 4.5 percent. Those who inherited farmland from a sibling had to pay almost triple...
