by Jane Richey | Mar 7, 2013 | Health Care
The Federal Reserve on Wednesday released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring. “Employers in several Districts cited the unknown effects of the...
by Jane Richey | Feb 8, 2013 | Fiscal Responsibility
So far this calendar year, the Federal Reserve has bought up more U.S. government debt than the U.S. Treasury has issued. On Dec. 31, the total debt of the U.S. government was $16.4327 trillion and then-Treasury Secretary Tim Geithner announced that the government had...
by Jane Richey | Jan 25, 2013 | Fiscal Responsibility, Politics
In recently released data the Federal Reserve revealed that its holdings of U.S. government debt had increased to an all-time record of $1,696,691,000,000 as of the close of business on Wednesday. The Fed’s holdings of U.S. government debt have increased by 257...
by Jane Richey | Jan 20, 2013 | Fiscal Responsibility, Politics
retirement from Congress doesn’t mean Federal Reserve officials can rest any easier. Rep. Paul Broun, R-Ga., is moving rapidly to assume the Texas Republican’s mantle, pressuring lawmakers to get a tighter grip on the central bank. Broun has replaced Paul in pushing...
by Jane Richey | Dec 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Suppose you saw a building on fire. Would you seek counsel from the arsonist who set it ablaze for advice on how to put it out? You say, “Williams, you’d have to be a lunatic to do that!” But that’s precisely what we’ve done: turned to...