by Jane Richey | Jan 14, 2013 | Politics
The questions are already rolling in: why did my pay drop? Tax policy can be complex and overwhelming, and for most Americans it boils down to what they see on their paystub. Most Americans will see their pay drop by about 2 percent in 2013 due to the expiration of...
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 9, 2012 | Fiscal Responsibility
From Senator Jeff Sessions office: … spending on federal welfare benefits, if converted into cash payments, equals enough to provide $30.60 per hour, 40 hours per week, to each household living below poverty. The median household hourly wage is $25.03. After...
by Jane Richey | Dec 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The petty games that we have allowed the politicians and pundits from both side have used to divide us has only allowed for the fact that we cannot have honest and constructive discussions about these very real and looming problems that are facing us. We have allowed...
by Jane Richey | Aug 13, 2012 | Fiscal Responsibility, Politics
WASHINGTON (AP) — Now that Social Security is paying more in benefits than it collects in taxes, there is a fierce debate among politicians, academics and advocates about whether those shortfalls are adding to the federal budget deficit. The issue is important because...