by Jane Richey | Oct 16, 2013 | Fiscal Responsibility, Politics
Senate leaders jump-started negotiations over a compromise bill to reopen the government and raise the debt ceiling late Tuesday after House Republicans’ efforts to pass their own alternative crumbled in embarrassing fashion for GOP leaders. Senate Majority Leader...
by Jane Richey | Sep 23, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
Out-of-control spending by Congress and the Obama Administration has once again maxed out the latest debt limit—a nearly $17 trillion burden that harms job growth [1], gives special interests a pass, and lowers American families’ personal income. Inspired by Dave...
by Jane Richey | Aug 27, 2013 | Fiscal Responsibility
The Treasury Department’s latest official daily accounting of the U.S. government’s receipts, expenditures and borrowings–released this afternoon at 4:00 p.m.–indicates that the legally limited debt of the federal government has now been exactly...
by Jane Richey | Jan 19, 2013 | Fiscal Responsibility, Politics
Leaders of the most conservative bloc in the House Republican Conference are backing leadership’s plan to increase the debt ceiling for three months, even though the increase has no concrete spending cuts attached to it. In exchange, conservatives have won assurances...
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...