by Jane Richey | Feb 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The federal debt has increased by $4.47 trillion since President Barack Obama released his first federal budget on Feb. 26, 2009. That budget was entitled “A New Era of Responsibility.” On Feb. 26, 2009, as Obama released his budget for fiscal 2010, the...
by Jane Richey | Feb 13, 2012 | Constitutionally Limited Goverment, Free Markets
The legislation includes a county-option and is designed to provide revenue for environmental programs across the state. The bill also will trigger a review of zoning codes and their relation to drilling for the natural gas trapped below the earth’s crust —a process...
by Jane Richey | Feb 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
House Minority Whip Steny Hoyer (D-Md.) said that Congress does not need an official federal budget because it can just adopt appropriations bills and authorization policies as needed to keep operating. Hoyer said: “What does the budget do? The budget does one thing...
by Jane Richey | Feb 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
President Obama’s 2013 budget due out Monday will estimate the deficit for 2012 to be $1.33 trillion, higher than the $1.29 trillion deficit in 2011, according to senior administration officials. The increase happens largely because the budget assumes enactment of a...
by Jane Richey | Feb 12, 2012 | Fiscal Responsibility
ABC News’ Jake Tapper asked Carney whether President Obama agreed with comments by Federal Reserve Chairman Ben Bernanke at a hearing Tuesday to the effect that the Senate’s failure to pass a budget creates uncertainty for business firms; or with a recent assertion by...
