by Jane Richey | Dec 31, 2012 | Fiscal Responsibility, Politics
The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday. The notice about the debt ceiling came packaged with a...
by Jane Richey | Dec 29, 2012 | Fiscal Responsibility, Politics
President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden. According to disclosure forms, Biden made a cool...
by Jane Richey | Dec 29, 2012 | Health Care
Confused about the federal budget struggle? So are doctors, hospital administrators and other medical professionals who serve the 100 million Americans covered by Medicare and Medicaid. Rarely has the government sent so many conflicting signals in so short a time...
by Jane Richey | Dec 27, 2012 | Fiscal Responsibility, Politics
From the Heritage Foundation: Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just days left for President Obama and lawmakers in Congress to avert a major tax hike,...
by Jane Richey | Dec 26, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
With the “fiscal cliff” looming, Washington is looking under every rock for new forms of “revenue.” Nothing appears sacred, not even mortgage and charitable deductions, which some are recasting as “loopholes.” Ending the mortgage deduction when the housing market is...
