by Jane Richey | Mar 16, 2012 | Fiscal Responsibility
President Obama’s 2013 budget would add $3.5 trillion to annual deficits through 2022, according to a new estimate from the Congressional Budget Office (CBO). It also would raise the deficit next year by $365 billion, according to the nonpartisan office. The CBO...
by Jane Richey | Mar 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
America’s fiscal condition is dauntingly dismal. The national debt is well on its way to $17 trillion, 13 million Americans are out of work, and the country is stuck in the slowest recovery in the post-war era. Despite Washington bleeding taxpayers dry with reckless...
by Jane Richey | Mar 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The U.S. government just notched its highest ever monthly deficit, with the red rink running to an estimated $229 billion in February. The Congressional Budget Office, in a preliminary analysis, reported that the February 2012 deficit broke last year’s monthly...
by Jane Richey | Mar 8, 2012 | Fiscal Responsibility, Politics
Mitt Romney is acknowledging that it’s impossible to know how his tax plan will affect the federal budget deficit. In an interview Wednesday on CNBC, the former Massachusetts governor scoffed at outside groups who have said his plan to lower marginal tax rates would...
by Jane Richey | Mar 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
A year after the government’s chief investigators identified 81 areas where the government double-spends or could cut costs, President Obama and Congress have solved just four of them, the Government Accountability Office said in a follow-up report Tuesday. In another...
