by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
“The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up—take more demand out of the economy and put businesses in a further hole.” That was President Obama in 2009, trying to reassure Americans that he was going...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The estimated federal budget deficit for the first nine months of fiscal 2012 is $66 billion lower than for the corresponding period in 2011, the non-partisan Congressional Budget Office said Monday. The deficit through June is estimated to be $905 billion, down from...
by Jane Richey | Jul 10, 2012 | Fiscal Responsibility
A consumer advocate on Monday denounced the Philadelphia Water Department’s request to boost its rates 28.5 percent over the next four years following three years of rate increases that outpaced inflation. “A 30 percent increase is just not reasonable in...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
From Patrick J. Buchanan: Comes now news from across the pond that executives at one of the world’s most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super...
by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The policy that President Obama described Monday as a middle-class tax cut would result in taxpayers paying nearly $1.3 trillion more over an eight-year period than they would have under his previous proposal, according to Congressional Budget Office figures. “I’m...