by Jane Richey | Jan 15, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Explaining why he has no choice but to demand an increase in the legal limit on the national debt, President Barack Obama said at a Monday press conference that Congress orders him to spend money. “This is a matter of Congress authorizes spending,” Obama said. “They...
by Jane Richey | Jan 14, 2013 | Fiscal Responsibility, Politics
In its monthly statement for December, released Friday, the U.S. Treasury says the federal government balanced its budget during the month, bringing in roughly $270 billion in revenues while making roughly $270 billion in expenditures. Yet, the Treasury also says that...
by Jane Richey | Jan 14, 2013 | Politics
The questions are already rolling in: why did my pay drop? Tax policy can be complex and overwhelming, and for most Americans it boils down to what they see on their paystub. Most Americans will see their pay drop by about 2 percent in 2013 due to the expiration of...
by Jane Richey | Jan 14, 2013 | Fiscal Responsibility, Politics
From Associated Press: A published report says Pennsylvania legislators collected $3.9 million for work-related expenses for food and lodging in the last two-year session, including one House member who received more than $55,000. Rep. Dom Costa, who received more in...
by Jane Richey | Jan 13, 2013 | Fiscal Responsibility, Politics
The Obama administration said on Saturday that it will not mint a trillion-dollar platinum coin to sidestep the debt ceiling. “Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of...
by Jane Richey | Jan 11, 2013 | Fiscal Responsibility, Politics
President Obama signed legislation Thursday giving himself Secret Service protection for life. The bill, the Former Presidents Protection Act of 2012, reverses a previous law that limited Secret Service protection for former presidents and their families to 10 years...
