by Jane Richey | Apr 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
“Our fiscal commitments are unsustainable over the long run, but we cannot put our long-run fiscal challenges above all others,” Geithner told the Economic Club of Chicago on Wednesday. “We have to be willing to do things, not just cut things.” Geithner has called the...
by Jane Richey | Mar 30, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
If we use terms such as “the new normal” for the economy, what was the old normal? Was there even a “normal,” or were things always turbulent or spiraling out of control? Believe it or not, the federal budget used to have a...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
President Barack Obama last month put forward a plan to cut the corporate tax rate while also closing many loopholes and ending some tax breaks. His plan included proposals to eliminate tax subsidies for oil and gas companies and the carried interest tax break for...
by Jane Richey | Feb 16, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Treasury Secretary Timothy Geithner told skeptical Republican senators Tuesday that it is simply not possible to correct the nation’s fiscal problems without raising taxes. Geithner defended President Obama’s 2013 budget proposal before the Senate Finance Committee...