by Jane Richey | Jul 18, 2012 | Fiscal Responsibility, Politics
Former Vice President Cheney made a rare trip to Capitol Hill on Tuesday to give House and Senate Republicans a dire assessment of what $500 billion in cuts to the Pentagon budget would mean for national security. Cheney’s appearance came amid a concerted lobbying...
by Jane Richey | Jul 17, 2012 | Fiscal Responsibility, Politics
Republicans and Democrats seized on a new report estimating that automatic budget cuts will cost the economy 2 million jobs to level election-year charges that underscored the deep political divide over how to avert the looming crisis. Roughly five months until the...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
An audit conducted by the Energy Department’s Office of Inspector General was “unable to locate” $500,000 worth of equipment purchased with stimulus money by a recipient of funds distributed through the deparment’s “Advanced Batteries and Hybrid...
by Jane Richey | Jul 17, 2012 | Fiscal Responsibility, Politics
Moody’s Investors Service has downgraded Pennsylvania’s general obligation debt to Aa2 from Aa1 over concerns about the state’s growing pension liabilities and sluggish economic recovery, Reuters reports this afternoon. The cut comes before a...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Twenty-five leading conservatives are urging the nation’s governors to reject the Affordable Care Act by refusing to implement its two cornerstones. In a letter to all 50 governors, the activists asked them to reject the law’s now optional Medicaid expansion and...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Politics
Business and farm groups are making a determined effort to rein in the estate tax before it expands significantly at the end of the year. Thanks to a deal approved in late 2010, the estate tax is among a long list of fiscal issues awaiting action from Congress,...