by Jane Richey | Dec 21, 2012 | Fiscal Responsibility, Politics
Lacking votes from his own party, Speaker John Boehner (R-OH) called off consideration of “Plan B” last night, sending lawmakers home for Christmas instead. When the dust settled, conservatives stuck to their principles: to cut spending without raising taxes. When...
by Jane Richey | Dec 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
While lawmakers from both parties squabble over tax rates, a fiscal crisis is looming on the horizon. Entitlement programs — Social Security and Medicare to be precise — have unfunded obligations of $48 trillion. By comparison, the fiscal cliff carries a price tag of...
by Jane Richey | Dec 18, 2012 | Fiscal Responsibility, Politics
House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully inadequate concessions from President Obama in the process. Will they ever learn? The...
by Jane Richey | Dec 14, 2012 | Fiscal Responsibility, Politics
This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly an hour, and emerged with zipped lips about what progress—if any—they made on averting tax hikes across the board and...
by Jane Richey | Dec 14, 2012 | Fiscal Responsibility, Politics
Should Republicans trade tax hikes for spending cuts? Much of the debate over the current fiscal cliff standoff centers around discussions of “ratios”: Republicans will agree to X dollars of tax hikes, Democrats will agree to Y dollars of spending cuts, and so forth....
