by Jane Richey | Jun 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with middle-class families bearing the brunt of the decline. The Federal Reserve said the median net worth of families plunged by 39 percent in just...
by Jane Richey | May 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
What would happen if a deadlocked Congress did nothing? If the expiring Bush tax rates are allowed to lapse and the automatic spending cuts kick in next year, it could hurl the U.S. economy back into a recession, the Congressional Budget Office warned in a report...