by Jane Richey | Feb 20, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
JAY CARNEY: What I will concede is that we were looking and the Republicans were looking for a trigger around which to build a mechanism to get us out of default possibility and the sequester was one of the idea put forward, yes by the president’s team. (Special...
by Jane Richey | Feb 19, 2013 | Fiscal Responsibility, Politics
Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But...
by Jane Richey | Feb 14, 2013 | Fiscal Responsibility, Politics
In his State of the Union address, President Barack Obama described the upcoming sequestration cuts as “sudden, harsh, arbitrary cuts,” claiming they would “devastate” important government functions and cost “hundreds of thousands of jobs.” However, according to...
by Jane Richey | Feb 8, 2013 | Fiscal Responsibility
In a move intended to intensify pressure on Congress to prevent looming spending cuts set for March 1, White House officials told reporters the cuts would hamper law enforcement, hurt federal education programs, withhold mental health services and furlough thousands...
by Jane Richey | Dec 3, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
No matter how much the economy might contract as it free falls down the fiscal cliff, this much is true: We now have proof that the U.S. economy is totally — totally — dependent on federal government spending. The sequestration piece of the cliff calls for...