by Jane Richey | Feb 16, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Treasury Secretary Timothy Geithner told skeptical Republican senators Tuesday that it is simply not possible to correct the nation’s fiscal problems without raising taxes. Geithner defended President Obama’s 2013 budget proposal before the Senate Finance Committee...
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, 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...