by Jane Richey | Jul 11, 2012 | Fiscal Responsibility, Politics
Both President Barack Obama and Republican presidential candidate Mitt Romney have recently said they would like to balance the federal budget. However, according to data publishedby Obama’s own White House Office of Management and Budget, accomplishing that goal at...
by Jane Richey | Jul 10, 2012 | Politics
In announcing his plan to extend for an additional 365 days the Bush tax rates for those earning under $250,000 per year, President Barack Obama said one of his goals is to give small businesses “a sense of permanence.” The Bush tax cuts, which reduced...
by Jane Richey | Jun 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
“I’ve said that this is a make-or-break moment for the middle class, and I believe it,” President Obama told an Ohio crowd yesterday. Indeed it is—because in a sluggish economy, American taxpayers are about to be clobbered by the largest tax increase in history....
by Jane Richey | May 29, 2012 | Constitutionally Limited Goverment, Free Markets
Barack Obama claims he has presided over trillions of dollars in spending cuts. If he’s a fiscal conservative, then I’m a forward “enforcer” for an NBA playoff team. The president, who has increased the national debt by $5 trillion – more than all previous...
by Jane Richey | May 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
What would happen if a deadlocked Congress did nothing? If the expiring Bush tax rates are allowed to lapse and the automatic spending cuts kick in next year, it could hurl the U.S. economy back into a recession, the Congressional Budget Office warned in a report...
