by Jane Richey | Nov 13, 2012 | Fiscal Responsibility, Politics
Everyone who pays income tax — and some who don’t — will feel it. So will doctors who accept Medicare, people who get unemployment aid, defense contractors, air traffic controllers, national park rangers and companies that do research and...
by Jane Richey | Nov 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The lame-duck session begins today, with retiring and defeated Members of Congress coming back to Washington to make their last legislative decisions. Because of the lack of accountability to voters, the lame-duck period brings heightened scrutiny. Congress has 16...
by Jane Richey | Nov 8, 2012 | Fiscal Responsibility, Politics
On December 31, 2012, a large swath of the federal income tax code is scheduled to expire, an event which has come to be known as the “fiscal cliff.” Among the expiring provisions are the 2001 and 2003 tax cuts enacted under President Bush, a compromise on the estate...
by Jane Richey | Nov 2, 2012 | Fiscal Responsibility, Politics
The “fiscal cliff” is still two months off, but the scheduled blast of tax hikes and spending cuts is already reverberating through the U.S. economy, hampering growth and, according to a new study, wiping out nearly 1 million jobs this year alone. The report,...
by Jane Richey | Aug 2, 2012 | Fiscal Responsibility, Politics
Congressman Steve LaTourette, a moderate Republican who recently announced his retirement, told reporters that a modified version of the Simpson-Bowles debt plan is ready to drop immediately after the November election. The original Simpson-Bowles plan resulted from...
