by Jane Richey | Dec 21, 2012 | Free Markets, Politics
As of July 1, North Dakota’s population increased 2.17 percent compared with the previous year. As a whole, the U.S. population rose 0.75 percent during that period. Oil-and-gas drilling in North Dakota’s Bakken shale formation has been a boon for jobs, attracting...
by Jane Richey | Dec 21, 2012 | Fiscal Responsibility, Politics
Lacking votes from his own party, Speaker John Boehner (R-OH) called off consideration of “Plan B” last night, sending lawmakers home for Christmas instead. When the dust settled, conservatives stuck to their principles: to cut spending without raising taxes. When...
by Jane Richey | Dec 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
While lawmakers from both parties squabble over tax rates, a fiscal crisis is looming on the horizon. Entitlement programs — Social Security and Medicare to be precise — have unfunded obligations of $48 trillion. By comparison, the fiscal cliff carries a price tag of...
by Jane Richey | Dec 19, 2012 | Constitutionally Limited Goverment, Politics
The Environmental Protection Agency’s Office of Inspector General says it will investigate whether EPA officials — including Administrator Lisa Jackson — used alias email accounts to conduct official government business, thereby shielding those...
by Jane Richey | Dec 19, 2012 | Fiscal Responsibility, Politics
As of Oct. 31, the U.S. government owed $5,482,200,000,000 to foreign interests, according to the Treasury. That was up from $5,476,200,000 as of Sept. 30. The foreign debt of the U.S. government equaled $47,482 for each of the 115,459,000 full-time workers (including...
by Jane Richey | Dec 18, 2012 | Fiscal Responsibility, Politics
House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully inadequate concessions from President Obama in the process. Will they ever learn? The...